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, an 8,890‑square‑foot warehouse at 64 Raton Drive in Milford sold for $2 million based on city land records. The one‑story industrial building sits on approximately 1.36 acres and was constructed in 1988. The property was acquired by 64 Raton LLC, while the seller was KJC Holdings, which purchased the […]
According to the Hartford Business Journal, a Dallas‑based real estate entity sold three office and industrial properties in Wallingford for nearly $10 million across two transactions recorded over the past two months. Two neighboring properties at 29–33 Village Lane sold for a combined $7.18 million and included a 31,850‑square‑foot warehouse along with additional office and […]
According to the Hartford Business Journal, Budr Cultivation LLC is proposing an 11,543‑square‑foot cultivation addition to an existing 40,476‑square‑foot industrial building at 305 Hathaway Drive in Stratford. The property is owned by Borealis Cannabis of Shangri‑La, which purchased the former Porter & Chester Institute building for $5 million in October and currently operates a grow […]
According to the Hartford Business Journal, an affiliate of an East Lyme–based manufacturing company purchased an industrial building in Old Saybrook for $1.75 million. The acquisition expands the buyer’s Connecticut footprint through a related LLC tied to its manufacturing operations. Click Here: Affiliate of East Lyme manufacturer buys Old Saybrook industrial building for $1.75M for […]
According to the Hartford Business Journal, Somerset Capital Group acquired an 8,912‑square‑foot office building at 40 Armory Lane in Milford for $2 million with plans to demolish the structure and develop a new headquarters. The existing one‑story building sits on approximately 0.75 acres and will be replaced with a 14,000‑square‑foot, three‑story office building that includes […]
According to the Hartford Business Journal, a three‑story office building dating back to 1820 at 1 Park St. in Norwalk sold for $2 million, based on city land records. The historic downtown property was acquired by One Park Street LLC. The seller was Human Services Council Inc., a Norwalk‑based nonprofit organization. Click Here: 19th-century Norwalk […]