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, Lofts M7 LLC has proposed converting two seven-story office buildings at 101 and 201 Merritt 7 in Norwalk into a 300-unit apartment complex. The buildings total 830,184 square feet and sit on 6.48 acres, with a combined appraisal of $34.7 million. Click Here: New York developer plans to convert […]
According to the Hartford Business Journal, 137 Ad Astra LLC acquired an 11-unit, four-story office building at 137 Rowayton Avenue in Norwalk for $7.3 million. The 18,700-square-foot property, built in 1969 and situated on a parcel recorded in city land records, was previously owned by TA2 Rowayton LLC, which purchased it for $7.76 million in […]
According to the Hartford Business Journal, Amazon has begun construction on a 3.2-million-square-foot robotic fulfillment center spanning 157 acres along the Naugatuck and Waterbury town line. The company purchased the main site for $2.5 million and an additional 8.5-acre parcel on Sheriden Drive in Naugatuck for $4.8 million to create access to the facility. Click […]
According to the Hartford Business Journal, Amazon opened a 202,000-square-foot delivery station at 137 Lathrop Road in Plainfield, a site formerly used as a greyhound racing track. The facility sits on a multi-acre parcel and began operations on October 16, serving eastern Connecticut, Massachusetts, and Rhode Island. Click Here: Amazon opens 202K-sq.-ft. warehouse in Plainfield […]
According to the Hartford Business Journal, A.R. Building Co. acquired 22.1 acres at 200 Capital Boulevard in Rocky Hill for $3 million, with plans to develop a 153-unit apartment complex featuring three four-story buildings, a pool, and a clubhouse. The site, located in the Corporate Ridge business park near Interstate 91, was sold by Corpridge […]
According to the Hartford Business Journal, 24 Danbury Road LLC acquired a three-story, 24,000-square-foot retail building at 24 Danbury Road in Wilton for $2.75 million. The property, built in 1968 and situated on a prime commercial corridor, was previously owned by Better Environments LLC, which purchased it for $1.3 million in 2003. Click Here: Three-story […]