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, Waterbury officials plan to sell 17.3 acres of land in Naugatuck to Amazon.Com Services LLC for $325,000 to support a large-scale logistics facility. This site is adjacent to a 157-acre parcel that Amazon-affiliated developer Bluewater Property Group intends to transform into a 3-million-square-foot warehouse standing up to 130 feet […]
According to the Hartford Business Journal, Liberty Bank plans to close its satellite loan office at 2074 Park Street, Hartford, a 1,300-square-foot space leased since 2021. The decision is attributed to factors including the office’s underperforming ATM, which recorded 84% fewer transactions compared to the bank’s average. With the lease expired and nearby locations available, […]
According to the Hartford Business Journal, a two-story office and retail building at 417 Shippan Avenue in Stamford has been sold for $2.36 million to Building One Community Corp. The property, constructed in 1975 on a 0.54-acre lot, features 4,777 square feet of retail space on the ground floor and 5,700 square feet of office […]
According to the Providence Business News, a self-storage facility located at 3346 Pawtucket Ave., East Providence, has been sold for $5.84 million. Constructed in 2004, the property spans 17,550 square feet on a 2.54-acre lot and includes a 460-square-foot office space. Previously operated under the Go Store It brand, it is now managed by Storage […]
According to the Hartford Business Journal, a 23,400-square-foot manufacturing building at 390 John Downey Drive in New Britain has been sold for $1.5 million to 390 John Downey Drive Partners LLC. The property, built in 1969 and situated on 2.6 acres, was previously used by D.S.O. Manufacturing Co. and is now available for lease. The […]
According to the Hartford Business Journal, a three-story office building located at 1150 Summer Street in Stamford was sold for $2.15 million. The property spans 23,778 square feet and was purchased by Summer Ep LLC. The seller, Eleven 50 Summer ST ASSOC LTD, had previously acquired the building in 1992 for $1.5 million. The building […]
Market Reports
