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, Connecticut’s governor is preparing legislation that would cap rent increases imposed by out‑of‑state ownership groups that acquire apartment complexes in the state. The proposal targets situations in which investment entities purchase multifamily properties and raise rents sharply, contributing to displacement and rising housing instability across numerous communities. Click Here: […]
According to the Hartford Business Journal, HBN One Station Place LLC, an entity controlled by The Innovest Group Inc., acquired the 277,740‑square‑foot Metro Center office building at 1 Station Place in Stamford for $64 million . The eight‑story property, built in 1986 on a 2.82‑acre site, was sold by ESRT Metro Center LLC, an affiliate […]
According to the Hartford Business Journal, Baumer LTD, the North American affiliate of the Swiss‑based Baumer Group, purchased the 15,367‑square‑foot office‑and‑warehouse facility at 5 Century Drive in Bristol for $2.95 million. The building, situated on 3.49 acres and constructed in 1992, had been leased by the company since March 2023 before it initiated an off‑market […]
According to the Hartford Business Journal, Greene Rubber Co. completed a $3.85 million acquisition of three commercial buildings at 226, 230, and 238 Norwich Road in Plainfield to support a long‑term manufacturing contract. The purchase includes a 30,299‑square‑foot campus situated on 34 acres, previously operated as an auto dealership before being redeveloped for industrial use. […]
According to the Hartford Business Journal, a limited liability company tied to the Manufacturing and Technical Community Hub acquired the 56,000‑square‑foot industrial building at 5 and 17 James St. in New Haven for $1.3 million. The property spans roughly 2.5 acres and was sold by an LLC affiliated with Bankwell Bank, which had taken ownership […]
According to the Providence Business News, Justice Holdings II LLC purchased the 5,474‑square‑foot office condominium at 300 Centerville Road, Suite 19, in Warwick for $600,000. The unit, located within the Warwick Summit Office Park, sits on a site developed in the mid‑1990s and includes shared amenities, surface parking, and ADA‑compliant access. The seller, BRI Realty […]
