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, Pennrose and The Cloud Co. acquired a 7-acre former industrial site along Old Firehouse Road in downtown Naugatuck for $600,000 to develop a $80 million mixed-use apartment complex. The project will include 180 residential units across three four-story buildings, more than 7,000 square feet of commercial space, and a […]
According to the Hartford Business Journal, Calito Development sold a newly constructed 12,424-square-foot Caliber Collision auto body shop at 1300 South Main Street in Southington for $4.92 million. The 4-acre parcel was originally purchased for $599,900 in April 2024 and was developed specifically for a triple-net lease to Caliber Collision. Click Here: Auto body shop […]
According to the Hartford Business Journal, 2258 Albany Avenue LLC submitted an application to the West Hartford Town Council proposing the demolition of a 2,400-square-foot, two-story office building at 2558 Albany Avenue. Click Here: Owners propose demolishing vacant office building in West Hartford for more information
According to the Hartford Business Journal, RSS Millworks purchased a vacant industrial property at 150 Sandbank Road in Cheshire for $1.8 million and plans to relocate its operations there from 11 Industrial Road in Prospect. The site spans 2.21 acres and includes a 30,600-square-foot building. Click Here: Millwork company buys Cheshire industrial property for new […]
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 […]
Market Reports
