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, an affiliate of BCI Inc., operating as The Butler Co., acquired the former Mitsubishi dealership property at 398‑412 New Park Avenue in Hartford for $3.15 million. The site spans three acres and includes a 26,143‑square‑foot building constructed in 1988, which was recently vacated by a tenant. Click Here: Hartford […]
According to the Connecticut NEREJ, Guilford Savings Bank has officially rebranded as Ascend Bank following its merger with Eastern Connecticut Savings Bank. The combined institution completed a full systems conversion on September 2, 2025, aligning operations under the new Ascend Bank name. The merger brings together two community‑focused banks with shared values, expanding resources while […]
According to the NEREJ, Quonset Business Park in North Kingstown has reached a milestone of more than 15,000 jobs, generating $1.72 billion in annual household income for Rhode Island families. The park, managed by Quonset Development Corp., spans thousands of acres and has added over a dozen new buildings to support small businesses and manufacturers, […]
According to the Hartford Business Journal, a Brooklyn‑based real estate investment firm, through affiliates of Shelbourne Global Solutions, is facing foreclosure on a 40,000‑square‑foot office building at 330 Main Street in Hartford after defaulting on a $2.15 million loan. The property, purchased for $3.1 million in 2019, was recently put up for auction with bids […]
According to the Providence Business News, a three‑level brick building at 1301 Elmwood Avenue in Cranston, totaling 51,400 square feet on 0.95 acres, was sold for $3.45 million. The property was purchased by Bundesliga Holdings LLC and MMH Investments LLC from Erissa LLC, marking the largest commercial transaction in Providence County so far in 2025. […]
According to the Hartford Business Journal, Krown Point Capital purchased a 1.6‑acre parcel at 413 Washington Avenue in North Haven for $1.5 million from a Brooklyn‑based LLC. The company plans to build a 4,824‑square‑foot 7‑Eleven prototype store with six fueling stations and infrastructure for future electric vehicle charging. Click Here: Manhattan real estate investor active […]
