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, developers have acquired a 25-acre site at Silver Lane, East Hartford for $1 to construct a 402-unit apartment complex named Concourse Park. The town incentivized the project with a tax abatement and secured $10 million in public financing for infrastructure improvements. The developers demonstrated access to $70 million in […]
According to the Hartford Business Journal, 1730 Commerce Drive LLC has purchased an 87,778-square-foot commercial building at 1730 Commerce Drive, Bridgeport for $3.65 million. The two-story property, built in 1898 on 3.79 acres, was previously owned by 1730 State Street Limited Partnership and houses Beacon Roofing Supply in 52,667 square feet, with 8,000 square feet […]
According to the Hartford Business Journal, Global Development has proposed an EV charging station and café on a 0.55-acre lot at 1561 King St., Enfield. The project, developed for SunEV, will feature 21 charging stations, some sheltered by a solar carport, along with a support building housing a café and restrooms Click Here: EV charging […]
According to the Hartford Business Journal, Scannell Properties has proposed two industrial warehouses totaling 881,500 square feet on a 76-acre site at the corner of Old County Road and Route 20 in Windsor Locks. The first phase includes a 387,500-square-foot warehouse, followed by a 494,000-square-foot facility, with construction expected to begin next year and completion […]
According to the Hartford Business Journal, Westwood Real Estate Holdings has received zoning approval to develop a 20,000-square-foot warehouse on a 1.77-acre site at 0 Clark Drive, Berlin. The property, owned by Heywood Homes, is the last undeveloped lot in the Clark Drive-Commerce Way subdivision. The warehouse will be divided into four 5,000-square-foot spaces, each […]
According to the Providence Business News, Piedmont EG II LLC has purchased a 60,000-square-foot warehouse at 112 Telmore Road, Warwick for $3.4 million. The property, previously owned by Amalia Shevlin Fund LLC, includes 9.04 acres of land and a 2,000-square-foot office space. The building, constructed in 1994, features a pre-finished metal exterior, tin roof, and […]
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