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, New Haven is considering a 12-month moratorium on new data center construction and on the conversion of existing properties into data centers while it develops zoning regulations for the industry. The proposal, which is scheduled for review by the City Plan Commission, would temporarily prevent city departments from accepting […]
According to the Hartford Business Journal, WW Manchester LLC, an affiliate of Spectra Construction & Development Corp., plans to convert the historic Clark Building at 160 Hartford Road in Manchester into a 40-unit apartment development. The roughly 30,000-square-foot former Cheney Brothers silk mill structure, which dates to about 1870, was purchased by the developer for […]
According to the Hartford Business Journal, Rex Bloomfield LLC acquired a flex industrial property at 105 W. Dudley Town Road in Bloomfield for an estimated $1.86 million from Lombardo Development LLC. The asset consists of a 23,825-square-foot one-story building with office and warehouse space situated on 2.51 acres and was constructed in 1988. The property […]
According to the Providence Business News, the City of Pawtucket has narrowed six redevelopment proposals for the former Apex department store property to three finalists, advancing plans for the roughly 20-acre riverfront site along the Seekonk River. The parcel is part of the broader Downtown Gateway Project and represents one of the most significant redevelopment […]
According to the Hartford Business Journal, a limited liability company acquired the office-and-retail property at 39 Lewis St. in downtown Greenwich for $10.69 million. The four-story, 17,081-square-foot building, originally constructed in 1963, was fully leased at the time of sale and was sold by an LLC affiliated with Pine Ridge Advisors. Click Here: CT downtown […]
According to the Hartford Business Journal, RIL-Meriden LLC has received approval to redevelop the former American Steakhouse property at 1170 E. Main St. in Meriden by demolishing the vacant 7,188-square-foot restaurant and constructing an 8,000-square-foot medical office building. Click Here: Medical office development eyed for former Meriden restaurant site for more information
