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, First County Bank has sold its former Stamford branch building at 275 Hope St. for $1.5 million to Keeper II Stamford LLC, an entity controlled by Keeper Bay Fund II LP. The two-story, 4,189-square-foot property, purchased by the bank in 1996, was closed in March 2024 before being transferred […]
According to the Hartford Business Journal, the University of Connecticut will lease apartments at The Donaghue, located at 525 Main St., Hartford, to accommodate up to 57 students for the 2025-2026 academic year. The lease, running from July 31, 2025, through May 31, 2026, costs $172,800 per floor, with up to three floors available, each […]
According to the Hartford Business Journal, Namdar Realty Group has acquired The Shoppes at Buckland Hills mall in Manchester for $25.8 million. The 1.3-million-square-foot shopping center, which has faced tenant losses and foreclosure since 2021, was purchased under the name Buckland Nassim LLC. The sale includes roughly half of the 115-acre mall property, with separately […]
According to the Hartford Business Journal, Coventry Crossing, a 21,000-square-foot commercial center at 2300-2380 New London Turnpike in Coventry, has been sold for $9.2 million. The property, spanning 5.65 acres, was purchased by RCG Coventry PM LLC from ARG CCCOVRI001 LLC, with the main building housing a CVS Pharmacy constructed in 2008. The site, located […]
According to the Hartford Business Journal, a three-building office complex at 1224 Mill St. in Berlin has been sold for $2.375 million through an auction on Ten-X. The 35,270-square-foot property, spanning 6.65 acres, was purchased by Cad Cam Machine Corp. The site, 70% occupied and anchored by coworking company Regus, was previously owned by a […]
According to the Hartford Business Journal, Connecticut lawmakers have approved new environmental cleanup regulations to replace the 40-year-old Transfer Act. The revised system, set to take effect in spring 2026, shifts to a release-based approach, requiring pollution to be addressed as it occurs or is discovered. Officials estimate the change will unlock $3.78 billion in […]
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