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, Amazon has purchased 157 acres from the city of Waterbury for $2.5 million to construct a 3.2-million-square-foot logistics center. The project, led by Bluewater Property Group, is expected to create 1,000 full-time jobs and generate significant tax revenue for Waterbury and Naugatuck, which will evenly split the proceeds. Amazon […]
According to the Hartford Business Journal, a 190,000-square-foot logistics warehouse at 100 Sanrico Drive in Manchester has been sold for $12 million, more than triple its 2018 sale price of $3.62 million. The property, built in 1986 on 10 acres, was sold by a limited liability company affiliated with SkyRem to B&D Holdings, a New […]
According to the Hartford Business Journal, a 7,890-square-foot retail strip plaza at 209 Ella T. Grasso Turnpike in Windsor Locks has been sold for $2.36 million. The property, built in 2005 on 1.4 acres, was previously owned by a limited liability company affiliated with Springfield-based Colvest Group. The buyer, Zaina Property Group LLC, is registered […]
According to the Hartford Business Journal, 1238 Post Road LLC has purchased a three-story, 5,002-square-foot office building at 1232 Post Road in Fairfield for $1.85 million. The property, built in 1908 with a saltbox roof structure, was previously owned by Mathanna of Connecticut LLC, which acquired it for $1.08 million in 2005. Click Here: Fairfield […]
According to the Hartford Business Journal, the historic Morton House in Niantic, located at 215 Main St., has been sold for $3.2 million to ZDM Properties LLC. Built in 1868, the property has operated as a hospitality venue for over a century and includes weekly and monthly rental accommodations alongside a restaurant. The previous owner, […]
According to the Hartford Business Journal, 965 Post Rd LLC has purchased a three-story office building at 965 Post Road East in Westport for $1.56 million. The 7,248-square-foot structure, built in 1929 on a 0.37-acre parcel, was previously owned by 965 Post Road East LLC. The new owner, affiliated with American European Senior Care, plans […]
Market Reports
