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, a two-story office building with warehouse space at 11 Brookfield St. in Norwalk was purchased for $1.05 million. The 4,898-square-foot property, built in 1970 on a 0.15-acre parcel, was previously appraised at $693,530 and assessed at $485,470 in 2023. Click Here: Westport financial services professional buys Norwalk office space […]
According to the Hartford Business Journal, a one-story, 2,709-square-foot building at 1643 Post Road in Fairfield was purchased for $2.6 million and is slated to become a new credit union branch. The property, built in 1972 and formerly occupied by a national bank, was appraised at $2.45 million and assessed at $1.72 million in 2024. […]
According to the Hartford Business Journal, a five-story, 83,392-square-foot office building at 1344-1360 Silas Deane Highway in Rocky Hill is proposed for conversion into 75 apartment units. The 2.58-acre site also includes a 3,060-square-foot fast-food building, a cellular tower, and is located near the intersection of Interstate 91 and Route 99. Click Here: Office-to-apartments conversion […]
According to the Hartford Business Journal, Charles IT is transforming a former Rite Aid pharmacy at 10 Main St. in Middletown into its new headquarters following the $5 million acquisition of the 30,000-square-foot building in 2023. The company, which specializes in IT security for high-compliance sectors, is consolidating operations previously spread across two leased properties. […]
According to the Hartford Business Journal, Windham Energy Center has withdrawn its application to develop a 325-megawatt battery storage facility in Killingly, a project estimated at $200 million and planned for land adjacent to existing Eversource transmission lines. NTE Energy previously approved the site in 2019 for a natural gas plant, but it later dissolved, creating complications […]
According to the Hartford Business Journal, General Dynamics Electric Boat has acquired the former Macy’s building at Crystal Mall in Waterford, a 121,000-square-foot facility on 7.4 acres, located just over five miles from its Groton shipyard. The site will be repurposed to support engineering, training, and laboratory operations tied to Columbia- and Virginia-class submarine production, […]
Market Reports
