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.
Debates continue on the “average spec” for an E-Commerce building. How deep a building…How wide…How high! Well, it looks like the last question (height) has a definitive answer! In 2018 the average height was 33.6 feet! Per JLL, that is an 18.1 percent increase in a year! See link to the JLL article: https://www.us.jll.com/en/views/snapshots/industrial-clear-heights-rising-with-e-commerce-gifts
Great news in the Hartford Business Journal yesterday. Another downtown company continues its plans to move into recently leased office space in downtown Hartford! Great to see! We are hearing more and more from companies in favor of retaining office vs. 100% WFH. https://www.hartfordbusiness.com/article/hartford-healthcare-begins-moving-employees-to-downtowns-100-pearl