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, Refined Living LLC has proposed a $25 million redevelopment of the former Belding-Corticelli thread mill site at 630 Riverside Drive in Thompson. The 33-acre parcel, which includes seven to eleven buildable acres due to floodplain and wetlands constraints, would feature 116 townhouse-style condominiums. This initiative complements broader revitalization efforts […]
According to the Hartford Business Journal, Splash Car Wash opened a new 10,000-square-foot headquarters at 472 Wheelers Farm Road in Milford, more than tripling the size of its previous office. Splash operates over 60 car washes across Connecticut, New York, Massachusetts, and Vermont, with a strong presence in Fairfield County. Click Here: Expanding CT car […]
According to the Hartford Business Journal, H & R Patel LLC acquired a two-building retail strip center at 5 Padanaram Road in Danbury for $3.9 million from Joon Hyuk Chung. The one-story property spans 18,769 square feet across 1.84 acres and was previously purchased for $3.4 million in 2008. Click Here: Danbury retail center on […]
According to the Hartford Business Journal, Radio Place LLC, controlled by Baseline Holdings LLC of Albuquerque, acquired a 42,360-square-foot building at 23 Radio Place in Stamford for $7.55 million from Frem Radio Place Corp. The one-story structure, built in 1972 and situated on 1.26 acres, was previously appraised at $3.98 million and assessed at $2.79 […]
According to the Hartford Business Journal, Encompass Health opened its first inpatient rehabilitation hospital in Connecticut with a 40-bed, 50,500-square-foot facility at 50 Reserve Road in Danbury. The hospital provides intensive therapy and 24-hour nursing care for patients recovering from strokes, spinal injuries, amputations, and complex orthopedic conditions. Click Here: Encompass Health opens first rehab […]
According to the Hartford Business Journal, MAGD Realty LLC acquired two three-story buildings at 158 and 200 Main Street in Ansonia for $9.15 million in an off-market transaction. The properties, totaling 37,284 square feet, were recently converted from office use into 44 apartment units. Click Here: Fairfield Univ. professor, partners expand multifamily portfolio with $9.15M […]
Market Reports
