According to the Hartford Business Journal, a Manchester building located at 71 Utopia Road, hosting an arm of international manufacturing outfit Flex Ltd., recently sold for $6.42 million. The 56,250-square-foot building, situated on nearly 4 acres, was sold by VTM Realty LLC to KG Land Co. LLC. The sale was recorded by the town on […]
Market
Sentry Commercial is pleased to announce that Barbieri Properties, LLC has sold 588 Winsted Road, Torrington CT to C.H. Nickerson & Co., Inc. The 14,640 SF warehouse on 3.41 acres sold for $1,970,000. Sentry Commercial represented the seller and was the sole broker in this transaction.
At Sentry Commercial, we’re excited to share our 2024 Year-End Market Report, offering a comprehensive view of Greater Hartford’s commercial real estate performance and key market shifts. What’s inside? Market highlights and trends. Transactional successes across industrial, office, and mixed-use spaces. Forward-looking insights to help you navigate 2025 with confidence. Read the full report here: […]
According to the Providence Business News, the Industrial Trust Co. Building—fondly referred to as the ‘Superman Building’—in downtown Providence is enduring a financial pinch due to rising construction costs and higher interest rates. Mayor Brett Smiley has proposed a modification to the tax incentives plan to support the owner, High Rock Westminster LLC, in closing […]
According to the Hartford Business Journal, a New York-based real estate investor recently continued his buying spree in central Connecticut by purchasing five apartment buildings for $2.75 million at 15, 26, 27, 34, and 42 Judith Lane in Waterbury. These buildings are about 50 years old, consist of eight units each, and are situated on […]
According to the Hartford Business Journal, the 76,000-square-foot Maron Hotel & Suites at 42 Lake Avenue Extension in Danbury was sold for $5 million on January 13th. The property, which includes 1.44 acres, was purchased by RL 42 Lake Hospitality LLC from Mill Plain Center Limited. The boutique hotel, originally listed for $6.25 million, features […]