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, Greenwich Medical Center, a 106,092-square-foot medical office campus located at 75 Holly Hill Lane in Greenwich, sold for $65 million. Healthcare Realty Trust Inc. acquired the property through a joint venture with KKR, while Benedict Realty Group was the seller. The Class A medical campus was renovated in 2016, […]
According to the Hartford Business Journal, Liberación New Haven Mundial has signed a long-term lease for a 13,000-square-foot industrial/flex building at 198 State St. in North Haven to support its growing congregation and expanded programming. Click Here: Church leases North Haven industrial building for expanded operations for more information.
According to the Hartford Business Journal, BHD 60 Realty LLC acquired the industrial property at 60 Watson Blvd. in Stratford for $6.6 million in an off-market transaction. The asset consists of an 81,000-square-foot industrial building that was originally constructed in 1983 and has a history tied to manufacturing and defense-related operations. Blase Manufacturing previously owned the property and will remain in the building as a […]
According to the Hartford Business Journal, Winstanley Enterprises acquired the property at 120 Park Ridge Road in Brookfield for $32.5 million and has leased the approximately 141,000-square-foot building to Leonardo DRS. The facility, which opened in 2021 as the global headquarters for Branson, was developed as an approximately $49 million project and will now serve as the consolidated home for Leonardo DRS’ Naval Power Systems operations currently spread across […]
According to the Hartford Business Journal, the Archive of Contemporary Music (ARC) has selected 650 Danbury Road in Ridgefieldas its permanent home after purchasing the former Schimenti building, an 18,000-square-foot two-story commercial property that had been marketed for $2.7 million. The nonprofit archive houses more than 3 million sound recordings and plans to transform the property into a public cultural destination featuring exhibitions, listening rooms, […]
According to the Hartford Business Journal, Sill Lane Properties LLC acquired the industrial property at 2303 S. Main St. in Middletown for $3.5 million from 2303 Main Street LLC. The asset consists of a 31,920-square-foot one-story industrial building situated on 3.8 acres. Click Here: Middletown industrial building sells for $3.5M for more information.
