At Sentry Commercial, we are excited to share our comprehensive Mid-Year 2024 Market Report, packed with crucial insights and analysis to help you navigate the dynamic landscape of commercial real estate. Key Highlights: Industrial Sector: Greater Hartford: Industrial vacancies decreased to 4.6%, with rental rates up 4.0% year-over-year. Greater New Haven: Cumulative rent increased by […]
Market
Sentry Commercial is pleased to announce the sale of 97 Pierson Lane, Windsor CT. The 7,795 SF multi-tenant industrial facility on 6.03 acres sold for $562,500. Sentry Commercial represented the seller and Colliers International represented the buyer in this transaction.
According to the Hartford Business Journal, F+F Mechanical Enterprises has leased over 27,500-square-feet of space at 60 Dodge Ave., North Haven, to expand its operations. This lease, which began on July 1, is part of a 132,000-square-foot warehouse on 2.5 acres near Interstate 91. The company, which already has a 42,000-square-foot facility at 2 Dwight […]
According to the Hartford Business Journal, a Hamden-based real estate investor sold the Watch Factory complex at 98 Elm St. in Cheshire for $4.5 million to 98 Elm LLC. The complex, which includes four brick buildings totaling 42,392-square-feet sits on over 4 acres. The deal also involved a $2.9 million mortgage taken by 98 Elm […]
According to the Hartford Business Journal, a former industrial laundry facility at 149 Derby Ave. in New Haven has been sold for $1.95 million to Honeycomb Real Estate Partners and Monarch Apartment Homes LLC. The 40,000-square-foot building, along with the parcel at 169 Derby Ave., will be developed into “The Monarch,” a complex with 64 […]
According to the Hartford Business Journal, Home Market Foods purchased Carla’s Pasta’s 153,246-square-foot production plant at 50 Talbot Lane and 280 Nutmeg Road in South Windsor for $31.6 million. The Massachusetts-based company plans to invest over $70 million to expand the site, adding a 28,000-square-foot addition and creating 210 new jobs by 2027. The facility, […]