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, Lajoie’s Auto Wrecking Co., operating as D&R Inc. of Norwalk and DLJ Associates, received unanimous approval to construct a two-story, 36,000-square-foot recycling center at 40 Meadow Street in Norwalk. The project will be built on the company’s 3.58-acre site and will replace an existing metal building along the southern […]
According to the Hartford Business Journal, Van Wilgen Garden Mart acquired the former Smithland Supply Pet & Garden Center property at 1198 Queen Street in Southington for $3.2 million. The site includes a 19,410-square-foot building on 5.1 acres and was previously purchased by Trio Fund 1 CT Portfolio LLC for $1.8 million in 2022. Click […]
According to the Hartford Business Journal, Montecito Medical acquired a Class A orthopedic and surgery center located in Warwick, Rhode Island, which is leased by Ortho Rhode Island and Spire Orthopedics. The property spans 17,000 square feet and sits on 2.3 acres at 300 Toll Gate Road. The purchase price was not disclosed, but the […]
According to the Hartford Business Journal, the Capital Region Development Authority approved a $3 million state grant to support stormwater infrastructure improvements near Bushnell Park in Hartford. The funding will help construct a mile-long pipe system to redirect runoff from the Bushnell South area into the Park River, enabling redevelopment of roughly 20 acres of […]
According to the Hartford Business Journal, K5 Equities acquired two apartment complexes in Stamford for a combined $57 million from Hamilton Daycroft LLC. The first property, Daycroft Apartments at 44-150 Blachley Road, spans 5.6 acres and includes eight two-story buildings with 108 units totaling 103,680 square feet, purchased for $33.2 million. The second, Hamilton Gardens […]
According to the Hartford Business Journal, BNY Mellon National Association sold two Greenwich properties for a combined $16.5 million to 10 Mason LLC and 43 Mason LLC, entities tied to Atlas Holdings. The sale included a four-story, 27,000-square-foot bank building at 10 Mason Street for $13.5 million and a 0.7-acre paved lot at 43 Mason […]