According to the Hartford Business Journal, the City of Hartford is seeking approval to sell three long‑vacant parcels at 10 Albany Ave., 18 Albany Ave., and 1441 Main St. to the Greater Hartford Gives Foundation. The foundation would acquire the properties at their appraised land value, with a minimum purchase price of $100,000, and plans […]
Market
According to the Hartford Business Journal, Merritt 7 Owner LLC purchased four office buildings at 301–601 Merritt 7 in Norwalk for $58.5 million, acquiring a combined 945,000 square feet of space within the Merritt 7 Corporate Park. The seller, Merritt 7 Venture LLC, transferred the seven‑story properties, which together hold an appraised value of $148.5 […]
According to the Hartford Business Journal, the two‑building Somerset Square office complex at 180 and 200 Glastonbury Blvd. sold for $27.75 million, marking the highest‑value office transaction in central Connecticut for 2025. The seller, SCT Glastonbury LLC, had previously acquired the 196,000‑square‑foot, 11.9‑acre property for $30.3 million in 2019. while the buyer, Unified Holdings of […]
According to the Hartford Business Journal, Kubtec completed a $3.7 million acquisition of the building at 75 Merritt Blvd. in Trumbull as part of its relocation from Stratford. The 112,544‑square‑foot facility sits on 5 acres within Trumbull Corporate Park and will be converted to support production, assembly, and quality‑control operations. The buyer, Merritt 245 LLC, […]
According to the Hartford Business Journal, Welltower sold five medical properties in Danbury and Newtown for $86.9 million. The portfolio included a 42,120‑square‑foot building at 2 Riverview Drive sold for $24 million, a 58,446‑square‑foot facility at 40 Old Ridgebury Road sold for $23.9 million, and a 19,209‑square‑foot property at 228 White St. sold for $10.6 […]
According to the Hartford Business Journal, Ruby Street LLC acquired the 2.5‑story mixed‑use building at 16 Ruby St. in Norwalk for $1 million. The 4,900‑square‑foot structure, built in 1948 on 0.14 acres, includes ground‑floor commercial space and three residential units. The buyer purchased it as an investment property. The seller, 16‑20 Ruby Street LLC, had […]