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 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 […]
According to the Hartford Business Journal, Hartford’s South Meadows site spans 80 acres and formerly hosted a trash-burning facility operated by the Materials Innovation and Recycling Authority until its closure in 2022. Preparation for redevelopment could cost between $27.87 million and $333.87 million depending on the buildings demolished and intended land use, with residential redevelopment […]
According to the Hartford Business Journal, a two-story, 22,813-square-foot warehouse at 313 Long Ridge Road in Stamford was sold by the estate of its former owner for $3.5 million to BHD CT Realty LLC. The property, built in 1967 and appraised at $3.46 million, sits on a 1.8-acre parcel and is currently leased by Crystal […]
According to the Providence Business News, Atlantic Audiology Inc. has purchased a 2,000-square-foot medical office condominium located at 35 Wells St., Unit 2, Westerly, for $400,000. The property, part of the Champion Medical building, was most recently assessed at $425,200 and sold by Ascioti-Vincunas LLC to MMG Holdings LLC, which acted on behalf of Atlantic […]
According to the Hartford Business Journal, Namdar Realty Group has purchased the mortgage on the 30-story, 340,247-square-foot Goodwin Square office tower in downtown Hartford at 225 Asylum St. The mortgage, with a balance of $28.25 million, was sold by M&T Bank, even though the building’s current owner is up to date on loan payments. The […]
According to the Hartford Business Journal, Beardsley Park Plaza, located at 2652 East Main Street in Bridgeport, has been sold for $2.25 million to 2652 Group LLC. This single-story, 9,028-square-foot commercial property, built in 1993, sits on a 0.58-acre parcel and features four retail spaces. Previously purchased for $1.08 million in 2010 by Petra Realty […]
Market Reports
