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, the 76,000-square-foot Maron Hotel & Suites at 42 Lake Avenue Extension in Danbury was sold for $5 million on January 13th. The property, which includes 1.44 acres, was purchased by RL 42 Lake Hospitality LLC from Mill Plain Center Limited. The boutique hotel, originally listed for $6.25 million, features […]
According to the Hartford Business Journal, the former WWE headquarters at 1241 E. Main St. in Stamford was sold for $3.75 million to MB Financial. The 90,000-square-foot office building, which sits on 1.19 acres, is planned to be converted into luxury apartments. The property, which includes a covered parking garage with about 300 spaces and […]
According to the Providence Business News, a 17,700-square-foot industrial building at 27 Carrington St. in Lincoln was sold for $375,000. The property, which includes 0.43 acres of land, was purchased by MHSR Realty LLC from Zell LLC. The building, constructed in 1902, was previously used for glasswork and is located in an industrial park along […]
According to The Broker List, a long-term lease has been secured for nearly 100,000 square feet of warehouse space at 443 Shaker Road, East Longmeadow, MA. The lease, held by Weiland Diversified, spans 15 years and aims to fully utilize the space within Cartamundi’s 1.2 million-square-foot facility on 52.68 acres. The property features 20-foot ceiling […]
According to the Hartford Business Journal, Hitchcock Printing & Distribution Systems in New Britain has installed a 227-kilowatt solar array at its 21,000-square-foot facility on 191 John Downey Drive. The installation, supported by the state’s C-PACE program, is expected to save the company $1.2 million in energy costs over the next 20 years. Since 2013, […]
According to the Hartford Business Journal, an investor purchased a 25,312-square-foot warehouse on 4.3 acres at 980 South St., Simsbury, for $1.6 million in December. The property, previously owned by DFH Real Estate LLC, was initially listed for $2.5 million but later reduced to $1.9 million. The warehouse, which includes 9,000 square feet of office […]
Market Reports
