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, Saber-Hightower, through a joint venture with Granoff Real Estate and Wind River Holdings, acquired two office buildings at 101 Merritt 7 and 201 Merritt 7 in Norwalk for a combined $11.4 million and plans to convert them into 286 apartment units. The partnership paid $7.3 million for the 328,774-square-foot building at 101 Merritt 7 and $4.1 million for the 269,815-square-footbuilding at 201 Merritt 7, while Bank OZK provided $75.5 million in construction […]
According to the Hartford Business Journal, IDL Realty L.P. acquired a fully leased 55,200-square-foot warehouse at 350 Long Beach Blvd. in Stratford for $8.3 million. The seller was 350 Long Beach LLC, an entity controlled by Stratford Land Development Company and Stratford Industrial Corp., which had owned the property since 1999. Click Here: Stratford warehouse sells for $8.3M to New Jersey investor for more information.
According to the Hartford Business Journal, Integrity Manufacturing LLC is seeking approval to construct a 29,500-square-foot manufacturing facility at 190 Business Park Drive in Bristol on a 2.2-acre parcel within the Southeast Industrial Park. The company plans to relocate from its current 13,000-square-foot leased facility in Farmington to accommodate future growth and additional equipment needs. Click Here: Farmington manufacturer planning move to Bristol for more […]
According to the Hartford Business Journal, CohnReznick has relocated approximately 200 employees from 350 Church St. to One Financial Plaza in downtown Hartford, occupying the entire 23,000-plus-square-foot 11th floor of the office tower known as the Gold Building. The new office includes more than 165 workstations, private offices, conference rooms, meeting spaces, and employee amenity areas as the accounting and advisory firm maintains its presence in […]
According to the Hartford Business Journal, Windsor Federal Bank acquired the 32,532-square-foot office building at 995 Day Hill Road in Windsor for $5.5 million, purchasing a property it had leased for years and currently occupies for approximately 60% of its operations. Click Here: Windsor Federal buys longtime offices for $5.5M as seller funds redevelopment for more information.
Developer Achieves Full Lease-Up of Windsor Spec Industrial Project, Advances Manchester Development
According to the Hartford Business Journal, Luzern Associates has fully leased its 170,300-square-foot speculative industrial building at 425 Day Hill Road in Windsor less than two years after completing the approximately $28.5 million redevelopment. The Home Depot USA Inc. occupies about 117,000 square feet under a long-term lease, while Ferguson leased the remaining 53,300 square feet under a five-year term. Click Here: After $28.5M speculative build, developer fully leases Windsor warehouse, […]
