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, a Pennsylvania-based company specializing in vacuum heat treating has purchased a 29,504-square-foot industrial building at 190 New Park Drive in Berlin for $2.35 million. The property, built in 1976 on 4.3 acres, was sold by 15 Valmar LLC, which had previously used the site for manufacturing operations. Click Here: […]
According to the Hartford Business Journal, a 124,560-square-foot light manufacturing building at 601 Marshall Phelps Road in Windsor has been sold for $12.33 million. The single-story industrial property, built in 1981 on 40.5 acres, was purchased by New Mountain Capital from TPG Angelo Gordon, which had acquired it for $9.95 million in 2018. Click Here: […]
According to the Hartford Business Journal, Shelbourne Global Solutions plans a $16 million conversion of a six-story, 56,410-square-foot office building at 150 Trumbull St. in Hartford into 46 apartments above retail space. The 1909-built property, purchased for $2.35 million in 2021, currently houses Max’s Trumbull Kitchen and a 1,000-square-foot storefront facing Asylum Street. Click Here: […]
https://www.hartfordbusiness.com/article/amazon-pays-20m-for-roughly-200-acres-in-enfield According to the Hartford Business Journal, Amazon has purchased two undeveloped parcels in Enfield for $20 million, totaling approximately 200 acres. One of the properties, a 181.4-acre site at 35 Bacon Road, had previously been approved for an 819,000-square-foot warehouse development. The seller, Winstanley Enterprises, had initially planned a $135 million speculative project but […]
According to the Hartford Business Journal, V20 Group, operating as Hamilton Avenue Industrial LLC, has received approval to construct a 112,757-square-foot warehouse at 102, 120, and 128 Hamilton Ave. in Stamford. The developer purchased the three parcels, totaling 6.9 acres, for nearly $7.5 million from WWE, which previously used the site for a production studio […]
According to the Hartford Business Journal, McCall Behavioral Health Network has purchased an 18,879-square-foot office building at 969 West Main St., Waterbury, for $1.85 million. The two-story brick structure, built over a century ago, was acquired from E and A Realty LLC, which had purchased it for $1.54 million in 2020. The property spans 1.12 […]
Market Reports
