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, MB Financial is planning a $150 million mixed-use redevelopment of the former MassMutual corporate campus in Enfield, transforming the long-vacant office property into a residential community. The proposal calls for 487 apartments and townhomes to be developed in multiple phases, along with commercial components designed to support the new neighborhood. Click Here: Dormant Enfield corporate […]
According to the Hartford Business Journal, a group of investors acquired the industrial property at 600 Day Hill Road in Windsor for $13 million, purchasing a 187,992-square-foot manufacturing facility situated on 29.69 acres. The property was sold by Industrial Lease II PropCo LLC and is fully occupied by Spencer Turbine Co., which has approximately nine years remaining on an absolute-net lease. The new ownership group includes […]
According to the Hartford Business Journal, Fareri Associates is seeking approval to convert a 73,851-square-foot office building at 1 East Weaver St. in Greenwich into 44 residential units on a 3.22-acre property. A second proposal by Greenwich Park LLC, also affiliated with Fareri Associates, would expand and convert the office building at 18 Valley Drive into an 87,078-square-foot multifamily property, including structured and surface parking along with affordable housing units. […]
According to the Hartford Business Journal, Brady Sullivan received approval to convert the vacant office building at 7 Waterside Crossing in Windsor into 57 apartment units. The project is part of a broader office-to-residential redevelopment strategy at the Waterside Crossing office park and brings the developer’s total planned apartment count across three properties to 228 units. Click Here: Wave of Windsor […]
According to the Hartford Business Journal, RJ Development & Advisors has begun construction of The Mizzen, a $95 million, 250,000-square-foot waterfront apartment community in New London’s Fort Trumbull neighborhood. The project will contain 251 residential units and 232 parking spaces on a 6.28-acre site acquired in 2023, with initial occupancy expected in 2028. The development is adjacent to The Beam, a 203-unit apartment complex previously completed by the same developer, […]
According to the Hartford Business Journal, a redevelopment plan for Targeting Centre in Windsor has shifted from rental apartments to a condominium-focused project, with plans for up to 201 condominium units as part of a larger mixed-use redevelopment. Targeting Centre includes office properties at 1 and 10 Targeting Centre on an 11.6-acre site, where existing office buildings are expected to […]
