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, The Lee Company purchased a vacant 35,000-square-foot industrial building in Beacon Falls for $3.69 million as part of an expansion of its Connecticut manufacturing operations. The facility will accommodate employees and equipment associated with The Lee Company’s acquisition of assets from Petron Automation, a Watertown-based precision machining manufacturer. Click Here: Lee Co. buys […]
According to the Hartford Business Journal, National Lumber Inc. purchased the former Agway/Smithland Supply property at 66 State St. in North Haven for $1.8 million. The property includes a 17,947-square-foot retail building on 3.52 acres, with greenhouse space, onsite parking, and about 217 feet of frontage on State Street/Route 5. The seller was Trio Fund | CT Portfolio LLC, and […]
According to the Hartford Business Journal, Eastern Connecticut Health Network and Hartford HealthCare signed leases that fully occupy a 45,000-square-foot medical office building in Manchester. The transactions bring the property to full occupancy and add two major healthcare organizations to the tenant roster. Click Here: Two leases fill 45,000-sq.ft. Manchester medical office building for more information
According to the Hartford Business Journal, the Capital Region Development Authority is seeking to double its annual state bond authorization from $25 million to $50 million to support a growing pipeline of Hartford-area housing projects and address rising development costs. CRDA financing has helped produce more than 3,000 apartments in downtown Hartford over the past 12 years, with those […]
According to the Hartford Business Journal, Invivyd Inc. is more than tripling its New Haven headquarters footprint through a long-term lease for approximately 33,000 square feet at 205 Church St., expanding from about 9,000 square feet at 209 Church St. The new headquarters includes 17,322 square feet on the ground floor, 12,563 square feet on the mezzanine and 2,750 […]
According to the Hartford Business Journal, Unilever plans a $270 million Global Innovation Center within a nearly 253,000-square-foot laboratory and office building proposed at 2 Church St. in New Haven, on approximately 1.8 acres. The city-owned property would be sold to WE 2 Church Street LLC, an entity controlled by Winstanley Enterprises, while the state is providing $34.7 million for infrastructure improvements including […]
