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, 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, […]
According to the Hartford Business Journal, KayBar Development Corp. is set to acquire the former St. Mary’s Grammar School campus at 55 Cole St. and 320 East Main St. in Waterbury for $1.6 million, with plans to redevelop the 2.2-acre site into 80 apartments targeted at medical workers. The property includes four brick classroom buildings […]
According to the Hartford Business Journal, Eld Street Properties LLC has purchased a 3,944-square-foot retail building at 873 Boston Post Road in Darien for $1.5 million. The one-story property, built in 1952 on a 0.12-acre parcel, is currently home to Darien Station Variety and was previously owned by 873 Boston Post Road LLC. Click Here: […]
According to the Hartford Business Journal, Citicore Development Group and a local partner have received preliminary approval to redevelop two vacant office buildings at 1 and 10 Targeting Centre in Windsor into a 201-unit apartment complex, along with a Starbucks and 9,200 square feet of retail space. The 11.6-acre site, located near Interstate 91, includes […]
According to the Hartford Business Journal, a 37-acre parcel in Windsor approved for industrial development was sold twice on the same day, first to Condyne Capital Partners for $9.05 million, and then immediately to a PNK Group-affiliated LLC for $13.1 million. The site, located at 141 Old Poquonock Road and portions of 903 and 1001 […]
According to the Providence Business News, KVH Industries Inc. has sold its 75,000-square-foot office building at 50 Enterprise Circle in Middletown to Landings Real Estate Group for $5.25 million. The property is slated for conversion into residential apartments, signaling a shift from traditional office use to housing development. Click Here: KVH sells its office building […]
Market Reports
