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, ESG 339 Main Street LLC has purchased the historic commercial building at 339 Main St. in Middletown for $2.1 million . The three‑story structure totals roughly 50,000 square feet and sits on nearly 0.5 acres, with origins dating back to 1885. The seller, 339 Main LLC, had acquired the […]
According to the Hartford Business Journal, Albany Road‑Summer Street LLC has acquired three medical office buildings along Stamford’s Summer Street corridor for a combined $17 million . The purchases include the 10,040‑square‑foot building at 945 Summer St. for $1.89 million on a 0.25‑acre parcel, the 43,944‑square‑foot building at 999 Summer St. for $7.07 million on […]
According to the Hartford Business Journal, the owner of 625 Clark Ave. in Bristol is seeking a zoning change that would allow the 3.3‑acre former medical office property to be redeveloped for multifamily housing. The site, controlled by Chippen’s Hill Office Park LLC since 2002, is currently zoned for industrial use but has been vacant […]
According to the Hartford Business Journal, Mystic Aquarium purchased the 44,400‑square‑foot office building at 23 Clara Drive in Stonington for $6.1 million , acquiring the 6.39‑acre property from ROXRIV Realty Associates LLC . The structure, built nearly five decades ago, had previously been part of a larger $10 million transaction that also included a separate […]
According to the Providence Business News, the 18,000‑square‑foot medical office building at 21 Division St. in Pawtucket was sold for $4.75 million to Albany Road‑21 Division Street LLC . Originally built in 1955, the structure was redeveloped into a medical and physical‑therapy facility in 2015 after previously operating as a tire repair shop. The seller, […]
According to the Hartford Business Journal, Encompass Health Rehabilitation Hospital of Branford LLC has filed a certificate‑of‑need application seeking approval to construct a 54,765‑square‑foot, 50‑bed rehabilitation hospital in Branford at 596, 612, and 616 East Main St. The project carries an estimated cost of $69.5 million and would be built on a combination of residential […]