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, 530 Old Post Road Partners LLC received approval from Greenwich’s Planning and Zoning Commission to convert a three-story office building at 530 Old Post Road into a 10-unit apartment complex. The 13,572-square-foot structure, situated on a 0.46-acre parcel, will feature six two-bedroom units and four one-bedroom units, including one […]
According to the Hartford Business Journal, Mohawk Northeast acquired a 5.3-acre trucking terminal property at 130 Canal Street in Southington from New Penn Motor Express LLC for $2.8 million. The site includes a 19,972-square-foot building constructed in 1986 with 14-foot wall heights, and is now being used for equipment storage and parking. Click Here: $2.8M […]
According to the Hartford Business Journal, Uline is developing a 1.25 million-square-foot fulfillment center at 143-151 Plainfield Pike Road in Plainfield, Connecticut, with operations expected to begin in July 2026. The facility, approved by the town’s Planning and Zoning Commission, will initially create 200 jobs and could expand further as operations scale. This marks Uline’s […]
According to the Hartford Business Journal, MB Financial Group acquired the 65.5-acre MassMutual office campus at 100 Bright Meadow Blvd. in Enfield for $3.99 million, with plans to redevelop it into a large-scale mixed-use residential community. The proposed master plan includes 307 apartments across repurposed office space and new construction, 169 townhouse units, 12,000 square […]
According to the Hartford Business Journal, Grand Realty LLC purchased a 56,196-square-foot office building at 1 Greenwich Place in Shelton for $3.15 million. The property, built in 1978 and situated on 8.27 acres, was previously owned by Alpha SG LLC, which acquired it for $7.3 million in 2016. The new owner plans to renovate the […]
According to the Hartford Business Journal, the Wallingford Planning & Zoning Commission approved a 62,500-square-foot warehouse to be built on a 22.38-acre site at 15 Sterling Drive, which also houses a 174,000-square-foot Connecticut Lottery facility. The property is owned by Sapphire Group I51 LLC, which purchased it in 2018 for $5.65 million. The new warehouse […]