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, Electric Boat has purchased a commercial lot at 435 Thames St. in Groton for $1.5 million, marking its third acquisition on Thames Street this month. Earlier in May, the company bought a 34,700-square-foot warehouse at 415 Thames St. and a 12,737-square-foot vacant restaurant property at 359 Thames St. for […]
According to the Hartford Business Journal, TVG Partners has received approval to develop a 600-unit self-storage facility at 595 Westport Ave., Norwalk, on the site of a former 118,100-square-foot Pepperidge Farm office and factory. The 6.53-acre property, which includes 25,362 square feet of office space and 85,456 square feet of manufacturing space, was previously used […]
According to the Hartford Business Journal, Samrat’s Real Estate LLC has purchased a 11,640-square-foot autobody shop at 1860 Stratford Ave., Stratford for $1.85 million. The property, built in 1968 on 0.68 acres, was previously owned by Atlantic Productions LLC, which acquired it for $675,000 in 2018 Click Here: Autobody shop property in Stratford exchanges hands […]
According to the Providence Business News, Organogenesis Holdings Inc. has signed a full-building lease for a 123,000-square-foot biomanufacturing facility at 100 Technology Way, Smithfield. The property, owned by Div Technology Way LLC, was acquired by The Davis Cos. in 2022 for $18.5 million and spans 19.27 acres. The regenerative medicine company plans to expand its […]
According to the Hartford Business Journal, MB Financial Group has acquired the 65.5-acre MassMutual office campus at 100 Bright Meadow Blvd., Enfield for $3.99 million. The property includes a 472,536-square-foot office building, a 452,298-square-foot parking garage, a 6,375-square-foot daycare center, and a helipad. MassMutual originally purchased the site for $74 million in 2004 and completed […]
According to the Hartford Business Journal, Danbury’s Planning Commission has approved a proposal to convert the 10-story, 240-room Crowne Plaza Hotel at 18 Old Ridgebury Road into a 198-unit apartment complex. The redevelopment, led by Bright Ravens IS Danbury LLC, will include 24,451 square feet of interior space, 121,739 square feet of open space, and […]
Market Reports
