Issue link: https://nebusinessmedia.uberflip.com/i/1544671
HARTFORDBUSINESS.COM | MAY 4, 2026 9 DE AL WATCH Our down-to-earth approach has evolved in direct response to the needs of companies like yours. "Building Ideas that Work" © 2011 BlueScope Buildings North America, Inc. All rights reserved. Butler Manufacturing ™ is a division of BlueScope Buildings North America, Inc. www.borghesibuilding.com | 860.482.7613 2155 East Main Street, Torrington, CT 06790 Pajolek said the conversion trend could continue for years, and as supply shrinks, remaining office space may see stronger relative demand — even if overall usage remains below pre-pandemic levels. "If you have less supply, then the demand, in a relative sense, is magnified because you've got fewer buildings to choose from," he said. "As the office market continues to shrink through attrition, the market will tighten, so I think the market will get healthier." A developer plans to convert the office building at 201 Merritt 7 in Norwalk into apartments. Photo | CoStar KEY 1Q FAIRFIELD COUNTY LEASE DEALS TENANT SQ. FT. LEASED TRANSACTION TYPE ADDRESS EDGEWELL PERSONAL CARE 53,000 Renewal 6 Research Drive, Shelton PRIMO BRANDS 45,000 New Lease 3001 Summer St., Stamford DEUTSCH FAMILY WINE & SPIRITS 44,000 Renewal 201 Tresser Blvd., Stamford HEXCEL 24,000 Renewal 281 Tresser Blvd., Stamford ROBINSON+COLE 22,000 New Lease 1 Station Place, Stamford Source: CBRE Berlin condo development targets small industrial users seeking ownership in tight market By Michael Puffer mpuffer@hartfordbusiness.com A n 8-acre site in Berlin is being developed into a rare type of project in Connecticut: small commercial condo units for sale — not lease — aimed at tradespeople and light manufacturers priced out of the state's tight industrial market. The planned 81,000-square-foot Berlin Commerce Park at 680 Four Rod Road will feature multiple buildings subdivided into units as small as 1,500 square feet — a size that is difficult to find statewide, particularly for ownership, experts say. The project also includes an uncommon financing partnership. Hamden-based nonprofit lender Community Investment Corp. (CIC) is working with the developer to promote and expedite access to U.S. Small Busi- ness Administration 504 loans, which can finance up to 90% of real estate and equipment purchases through a part- nership of private and federal funding. "The intersection with us at CIC is that these commercial condos will Continued on next page A rendering of Berlin Commerce Park, featuring industrial condo buildings designed to resemble large country barns.