Market Insights

According to the Hartford Business Journal, The Sterling Organization has acquired Bristol Plaza, a 263,000‑square‑foot grocery‑anchored shopping center at 641 Farmington Ave. in Bristol, for $44 million. The property, previously owned by Federal Realty Investment Trust since 1995, includes major national retailers and roughly 25,000 square feet of available space, along with a 4‑acre development […]

According to the Hartford Business Journal, Avoric Denver Real Estate LLC has purchased two adjacent commercial properties at 971 and 979 Post Road E. in Westport for a combined $3.09 million. The acquisitions include a 3,200‑square‑foot retail building on 0.43 acres for $1.79 million and a 2,836‑square‑foot office building on 0.25 acres for $1.3 million. […]

According to the Hartford Business Journal, a two‑story commercial building at 400 Connecticut Blvd. in East Hartford has sold for $550,000. The 11,970‑square‑foot property was transferred from Soundview Health Partners LLC to Newark Deal LLC, which purchased it as an investment and intends to lease the upper floor while the ground level remains occupied for […]

According to the Hartford Business Journal, T.M. Orchard Street LLC has purchased the 5,820‑square‑foot warehouse at 107 Orchard St. in Stamford for $1.55 million. The seller, CPI 107 Orchard Street LLC, had acquired the 0.31‑acre property in 2012 for $830,000. The building, constructed in 1975 and most recently appraised at $1.21 million. Click Here: Investor […]

According to the Hartford Business Journal, 350 Bostwick Avenue LLC is set to acquire the 29,395‑square‑foot industrial building at 430 Bostwick Ave. in Bridgeport for $2.3 million once Connecticut’s Transfer Act expires in March.The 1.86‑acre site, built in 1974 and appraised at $2.99 million, will include a leaseback of roughly 15,000 square feet to the […]