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, Gridiron Capital acquired three commercial properties in New Canaan for a total of $9.3 million. The purchases include a 1,002-square-foot retail building at 72 Grove Street on 0.2 acres for $2 million, a 6,696-square-foot office building at 58 Pine Street on 0.5 acres for $1.76 million, and a 10,298-square-foot […]
According to the Hartford Business Journal, a recent study by Econsult Solutions Inc. reveals that downtown Hartford office buildings have suffered hundreds of millions in lost value, with 41% of space currently vacant or soon to be. The report recommends $450 million in state incentives over three years to support redevelopment, including tax breaks for […]
According to the Hartford Business Journal, 595 Westport LLC purchased the former Pepperidge Farm factory at 595 Westport Avenue in Norwalk for $11 million, well below its 2023 appraisal of $20.4 million. The 6.53-acre site includes a 118,100-square-foot, three-story factory building, multiple auxiliary structures, and 411 parking spaces. The buyer, TVG Partners, received city approval […]
According to the Hartford Business Journal, 530 Old Post Road Partners LLC received approval from Greenwich’s Planning and Zoning Commission to convert a three-story office building at 530 Old Post Road into a 10-unit apartment complex. The 13,572-square-foot structure, situated on a 0.46-acre parcel, will feature six two-bedroom units and four one-bedroom units, including one […]
According to the Hartford Business Journal, Mohawk Northeast acquired a 5.3-acre trucking terminal property at 130 Canal Street in Southington from New Penn Motor Express LLC for $2.8 million. The site includes a 19,972-square-foot building constructed in 1986 with 14-foot wall heights, and is now being used for equipment storage and parking. Click Here: $2.8M […]
According to the Hartford Business Journal, Uline is developing a 1.25 million-square-foot fulfillment center at 143-151 Plainfield Pike Road in Plainfield, Connecticut, with operations expected to begin in July 2026. The facility, approved by the town’s Planning and Zoning Commission, will initially create 200 jobs and could expand further as operations scale. This marks Uline’s […]
Market Reports
