Market Insights
From major acquisitions and new developments to shifting trends and standout deals, we bring you fresh updates, local stories, and expert takes on the commercial real estate moves shaping our region. Whether you’re tracking the latest transactions or just curious about what’s next, we’ll keep you in the loop with news that’s timely, relevant, and easy to digest.
According to the Hartford Business Journal, 72 Park LLC, an entity controlled by Elm Street Trust Properties, purchased the 10,298‑square‑foot office building at 72 Park St. in New Canaan for $3 million . The two‑story property, built in 1953 on a 0.2‑acre parcel, contains 11 occupied suites along with several vacancies and is appraised at […]
According to the Hartford Business Journal, United Hampshire US REIT purchased a three‑property, 11.45‑acre retail and self‑storage portfolio at 846, 848, and 850‑852 N. Colony Road in Wallingford for $21.4 million . The acquisition includes a 59,672‑square‑foot supermarket on 6.6 acres, a 14,938‑square‑foot shopping center on 2.5 acres, and a 35,385‑square‑foot, 604‑unit self‑storage facility on […]
According to the Hartford Business Journal, All Purpose Industrial New Fairfield LLC acquired the 13,226‑square‑foot flex office‑warehouse building at 7 Dunham Drive in New Fairfield for $1.25 million . The two‑story structure, built in 1990 and situated on 1.5 acres, contains seven units, six garage bays, and second‑floor office space, and was fully leased at […]
According to the Hartford Business Journal, Stanley Black & Decker’s DEWALT division has partnered with August Robotics to introduce a robotic downward‑drilling system designed for large‑scale data center construction. The technology is being piloted on hyperscale projects where tens of thousands of holes are required for server rack stops and structural supports, and the companies […]
According to the Providence Business News, Albany Road‑21 Division Street LLC purchased the 18,000‑square‑foot medical office building at 21 Division St. in Pawtucket for $4.75 million. The property was redeveloped in 2015 into a medical and physical therapy center after previously operating as a tire repair facility. The seller, The Rioview Group LLC, transferred a […]
According to the Hartford Business Journal, the City of Norwalk acquired the 31,605‑square‑foot commercial building at 493 Connecticut Ave. through eminent domain for $4.11 million . The one‑story structure, built in 1948 on a 0.68‑acre parcel, had been owned by Virginia Raymond Family LLC and carried an appraisal of $4.21 million. Click Here: City of […]
