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, Cloud Forest Properties LLC purchased the 15,524‑square‑foot industrial building at 8 Forest Parkway in Shelton for $2.3 million. The one‑story structure, built in 1987 and situated on 2.75 acres, had been vacant at the time of sale and was previously owned by Pemburn Partners LLC, which acquired it for […]
Sentry Commercial is pleased to announce that Prospect Avenue LLC has purchased 660, 664 and 682 Prospect Avenue, Hartford CT from HartZito Properties-West LLC. The three office buildings, located in the West End North Historic District, total 15,821 SF and were over 95% occupied at the time of sale. Sentry Commercial represented the buyer in […]
According to the Hartford Business Journal, NEFCO sold its 139,000‑square‑foot headquarters in East Hartford for $11.5 million before leasing the property back as part of a broader expansion strategy. The company, which operates more than 70 locations nationwide, has grown rapidly through acquisitions across multiple states under its prior private‑equity ownership. Its new financial partner, […]
According to the Hartford Business Journal, Belimo has expanded its Connecticut footprint by signing a lease for 170,000 square feet of warehouse space at 975 Lordship Blvd. in Stratford. The facility, which will be used for distribution and storage, adds to the company’s existing operations at its owned property at 33 Turner Road in Danbury, […]
According to the Hartford Business Journal, Glastonbury Pro Park LLC is seeking approval to build a 90,720‑square‑foot commercial complex at 107 Sequin Drive in Glastonbury. The plan calls for nine buildings of roughly 10,080 square feet each on an 8.8‑acre undeveloped parcel located at the end of the cul‑de‑sac in the town’s Planned Commerce Zone. […]
According to the Hartford Business Journal, Superior Equipment and Supplies purchased the 5,512‑square‑foot industrial building at 1198 West St. in Southington for $1.4 million. The property, situated on 4.37 acres and built in 2009, will be used for the company’s ongoing operations. The seller, Engineered Construction LLC, transferred a site that had an appraised value […]
