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At State House Square, one of downtown Hartford’s major Class A office properties, David Jakubowski keeps a close eye on parking garage traffic reports, eager to see concrete signs of greater employee activity as COVID-19 vaccination rates rise. However, Jakubowski, who manages the three-building property on behalf of its owners, has observed only a slight increase over the past few months. Inside, there’s still just a sliver of normal employee activity levels. “We were hoping at this point we might have 25% of the normal population back to work,” Jakubowski said. “I see a few more ...
The pandemic has battered the U.S. retail sector, driving bankruptcies and store closures to record highs. That’s translated into some big, empty storefronts, and left real estate owners scratching their heads about how best to fill them. At two prominent Greater Hartford retail properties that are coincidentally right across the street from each other, new office space may be the desired solution. Image Marty Kenny Brokers for the owners of the Corbin Collection shopping center in West Hartford and recently shuttered Lord & Taylor store at Westfarms mall just over the border in Farmington ...