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, MB Financial Group acquired the 65.5-acre MassMutual office campus at 100 Bright Meadow Blvd. in Enfield for $3.99 million, with plans to redevelop it into a large-scale mixed-use residential community. The proposed master plan includes 307 apartments across repurposed office space and new construction, 169 townhouse units, 12,000 square […]
According to the Hartford Business Journal, Grand Realty LLC purchased a 56,196-square-foot office building at 1 Greenwich Place in Shelton for $3.15 million. The property, built in 1978 and situated on 8.27 acres, was previously owned by Alpha SG LLC, which acquired it for $7.3 million in 2016. The new owner plans to renovate the […]
According to the Hartford Business Journal, the Wallingford Planning & Zoning Commission approved a 62,500-square-foot warehouse to be built on a 22.38-acre site at 15 Sterling Drive, which also houses a 174,000-square-foot Connecticut Lottery facility. The property is owned by Sapphire Group I51 LLC, which purchased it in 2018 for $5.65 million. The new warehouse […]
According to the Hartford Business Journal, a cannabis dispensary property at 895 Washington Street in Middletown was sold for $1.95 million. The 1,840-square-foot, single-story brick building sits on half an acre and was previously a Bank of America branch. Arctrust, a Clifton, New Jersey-based real estate investor, sold the property to an LLC affiliated with […]
According to the Hartford Business Journal, a one-story, 17,598-square-foot retail building at 907 High Ridge Road in Stamford was sold for $5.58 million. The property, built in 1968 and previously appraised at $3.28 million, sits on a parcel assessed at $2.3 million. It formerly housed a furniture retailer that plans to relocate to a 5,820-square-foot […]
According to the Hartford Business Journal, a Florida-based investor acquired a 4,686-square-foot commercial building at 1045 Kennedy Road in Windsor for $2.6 million. The property, situated on 1.5 acres, is currently leased to a major financial institution under a triple-net agreement. Click Here: Florida investor pays $2.6M for Windsor bank branch building for more information.
Market Reports
