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, Greenwich Park LLC plans to convert a two-story, 42,011-square-foot office building at 18 Valley Road, Greenwich, into a four-story apartment complex. The renovated property, valued at $16.8 million and spanning 80,024 square feet, would feature 46 residential units, including moderate-income apartments, with 88,634 square feet of living space. The […]
According to the Hartford Business Journal, a Hartford-based kitchen furnishings maker has acquired a 15-acre property at 18 Main St., Bristol, for $6.2 million from Barnes Group. The site includes a 58,804-square-foot, four-story office and warehouse building from 1928 and a 224,977-square-foot manufacturing building from 1970. The buyer intends to repurpose the vacant campus into […]
According to the Hartford Business Journal, a proposal to transform East Hartford’s Founders Plaza office park into the “Port Eastside” development could benefit from property tax funding. Investors have already spent millions acquiring five properties within the 30-acre office park for the project, which includes about 1,000 multifamily units and 400,000 square feet of commercial […]
According to the Providence Business News, a medical office building at 825 North Main St. in Providence, featuring 21,000 square feet of working space and two levels of parking, has recently been sold for $7.9 million. The property, which includes 0.92 acres of land, hosts several healthcare tenants such as NorthMain Radiation Oncology and University […]
According to the Hartford Business Journal, 1290 Summer Street LLC has purchased a five-story, 42,921-square-foot medical office building at 1290 Summer St. in Stamford for $4 million. The building, which sits on a 0.8-acre lot encompassing 1290 Summer St. and 189 Franklin St., features 118 parking spaces and is near major highways and healthcare facilities. […]
According to the Providence Business News, the Tiverton Town Council approved the sale of 72 acres of Industrial Park land for over $1.26 million to Longplex Family & Sports Center. Longplex has been attempting to purchase this land for years to expand its operations at 300 Industrial Way. The property is intended to support the […]