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.
Sentry Commercial is pleased to announce that Jackson, Incorporated has sold 25 & 41 Avonwood Road, Avon CT to VRE CT007 25 & 41 Avonwood Road, LLC. The 4.68 acre parcel near the intersection of Waterville Road sold for $625,000. Sentry Commercial represented the seller and was the sole broker in this transaction.
According to the Providence Business News, the Providence City Plan Commission approved plans for a new Department of Public Works complex. The two-story, 48,000-square-foot building will include 74 parking spaces and 10 bicycle parking spaces, with five designated as long-term spaces in the shipping room. The complex is part of the city’s Capital Improvement Plan […]
According to the Hartford Business Journal, Brooklyn-based Snowball Developments acquired two South Windsor warehouses for $45.12 million. The first property, located at 301 Governors Highway, includes a 507,000-square-foot warehouse on 35 acres and was purchased for $27.85 million from Macy’s Logistics LLC. The second property, at 1640 John Fitch Blvd., features a 257,000-square-foot warehouse on […]
According to the Hartford Business Journal, Compass Self Storage, affiliated with Cleveland-based Compass Self Storage, purchased a nearly 21-acre self-storage facility in Torrington for $14.56 million. The property at 260 and 300 Technology Park Drive includes nine self-storage buildings ranging from 3,300 to 29,305 square feet, and six buildings on the abutting property ranging from […]
According to the Hartford Business Journal, the Connecticut Sports Group has proposed a $1.6 billion waterfront development in Bridgeport, including a professional soccer stadium. The project, which could generate up to $3.4 billion in economic output, features two scenarios: a 10,000-seat stadium generating $2.2 billion and a 22,000-seat stadium generating $3.4 billion. The development also […]
According to the Hartford Business Journal, a 124,000-square-foot collection of retail properties in the downtown “Storrs Center” near the University of Connecticut was sold for $40.25 million. SCT Storrs Center I LLC sold the commercial portions to 1266 Storrs Road LLC. The sold property includes a grocery-anchored plaza at 1206-1220 Storrs Road and additional commercial […]