Shipman & Goodwin to Lease 70,000 Square Feet in Hartford Gold Building by 2027
Updated
Updated · Hartford Courant · Jul 8
Shipman & Goodwin to Lease 70,000 Square Feet in Hartford Gold Building by 2027
1 articles · Updated · Hartford Courant · Jul 8
Summary
Shipman & Goodwin will move from One Constitution Plaza to Hartford’s Gold Building, taking 70,000 square feet across three floors by the end of 2027.
The deal extends One Financial Plaza’s rebound from a 2021 shock when Travelers declined to renew roughly a third of the 621,000-square-foot tower, helping open up eight floors.
LAZ Investments says another unnamed tenant could lift occupancy, including pending leases, to about 90% by year-end; CohnReznick is also due to start moving in this August.
That recovery stands out in a downtown office market still strained by post-pandemic downsizing and foreclosure, with CityPlace I at roughly 50% occupancy and Constitution Plaza’s six buildings in foreclosure.
The law firm is still taking about one-third less space than at its current office, underscoring how Hartford leasing is improving even as tenants remain cautious and ownership stability has become a key selling point.