According to the Hartford Business Journal, Connecticut’s office sector continues to face structural headwinds as developers and investors shift capital toward industrial and life sciences assets. Winstanley Enterprises, which sold most of its office portfolio years ago, now reports its 76,000‑square‑foot headquarters is only half leased, with tenant fit‑out costs climbing to $175–$250 per square […]
Market
According to the Hartford Business Journal, a 10,500‑square‑foot day care center at 10 Sedona Circle in South Windsor was sold for $5.77 million to an LLC controlled by investors from Redding. The property, situated on 1.1 acres behind The Shops at Evergreen Walk, was previously owned by a New Jersey‑based LLC that had acquired it […]
According to the Hartford Business Journal, Simple Bottle Return expanded its Bridgeport operations with the $975,000 purchase of a one‑story, 25,000‑square‑foot warehouse at 1100 Boston Avenue. The building, originally constructed in 1900, was appraised at $786,960 and assessed at $550,872 in 2024. Click Here: Bridgeport bottle redemption company expands with second warehouse purchase for more […]
According to the Hartford Business Journal, Marshall Enterprises LLC sold a 3,600‑square‑foot warehouse at 1275 Highland Avenue in Cheshire for $1.5 million to The Quaker Corp. The property, built 53 years ago, sits on 3.65 acres and was part of a series of recent divestments by Marshall Enterprises. Click Here: Cheshire landlord continues selloff with […]
According to the Hartford Business Journal, the City of Hartford is considering purchasing a vacant office building at 341 Main Street for $50,000 from The Hartford Dispensary, which operates as The Root Center for Advanced Recovery. The single‑story brick structure, built in 1955, totals 5,839 square feet and sits just south of downtown along the […]
According to the Hartford Business Journal, Melrose Pfeiffer Holding LLC, an affiliate of Melrose Solomon Enterprises LLC, acquired a 221,070‑square‑foot office building at 50 Danbury Road in Wilton Corporate Park for $24.8 million. The two‑story property, built in 1961, sits on one acre and is part of a 33‑acre campus that includes three other office […]