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, Danbury’s Planning Commission has approved a proposal to convert the 10-story, 240-room Crowne Plaza Hotel at 18 Old Ridgebury Road into a 198-unit apartment complex. The redevelopment, led by Bright Ravens IS Danbury LLC, will include 24,451 square feet of interior space, 121,739 square feet of open space, and […]
According to the Providence Business News, the R.I. Department of Human Services will open a new regional office inside the Shepard Building at 259 Westminster St. in Providence next month. The agency is transitioning scheduled appointments from its Reservoir Avenue location to the new site, which previously housed a department store. The move is part […]
According to the Hartford Business Journal, Bennett Realty LLC has secured two new tenants for its 22,686-square-foot office building at 1445 Boston Post Road, Guilford, following renovations. ProHealth Physicians Inc. has leased 7,170 square feet of medical office space on the first floor, while JAJ Financial Planning has taken 1,278 square feet on the third […]
According to the Hartford Business Journal, Jasko Development has sold a 7,742-square-foot retail strip at 841 Enfield St., Enfield for $2 million to Cobalt Wellness LLC, a medical spa that was already a tenant in the building. The property, built in 1940 on 1.3 acres, was purchased by Jasko Development for $390,000 in 2015 and […]
According to the Hartford Business Journal, a developer has purchased a 2.57-acre vacant lot at 382 Ferry Blvd., Stratford for $3.15 million to construct a four-story, 119-unit apartment complex with 1,254 square feet of ground-floor retail space. The site, previously appraised at $2.58 million and assessed at $1.81 million, will undergo demolition of an old […]
According to the Hartford Business Journal, Lancashire Group, a Bermuda-based insurance company operating in London, is opening its first U.S. office in Greenwich. The company has signed a long-term lease for 6,468 square feet of space on the second floor of a Class A office building at 145 Mason St., owned by Win Properties. Click […]
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