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, 350 Bostwick Avenue LLC is set to acquire the 29,395‑square‑foot industrial building at 430 Bostwick Ave. in Bridgeport for $2.3 million once Connecticut’s Transfer Act expires in March.The 1.86‑acre site, built in 1974 and appraised at $2.99 million, will include a leaseback of roughly 15,000 square feet to the […]
According to the Hartford Business Journal, Connecticut property owners in municipalities undergoing the Oct. 1, 2025 revaluation are being advised to begin preparing now for potential 2026 tax assessment appeals. The updated valuations will determine each property’s tax burden for the next five years, and shifting market conditions may cause certain asset classes to absorb […]
According to the Hartford Business Journal, Otis Worldwide sold its 188,430‑square‑foot industrial and office facility at 212 West Newberry Road in Bloomfield for $16.5 million to Bloomfield Holdings LLC. The 39‑year‑old building sits on 18.53 acres and will be leased back by Otis through 2027 to maintain operations tied to customer service and light manufacturing. […]
According to the Hartford Business Journal, Mission Foods has leased roughly 20,000 square feet at 850 Prospect Hill Road in Windsor to establish a new last‑mile distribution center. The space is part of a 30,000‑square‑foot warehouse‑style building on 4 acres that Vision Real Estate Partners purchased in early 2024 for $1.8 million. Click Here: Mission […]
According to the Hartford Business Journal, Y Access Transport LLC, an entity of Yale New Haven Health, purchased the 19,914‑square‑foot building at 155 Research Drive in Stratford for $2.9 million. The seller, 279 Noble Ave LLC, had acquired the one‑story property in 2012 for $1 million before transferring it as part of Yale New Haven […]
According to the Hartford Business Journal, 701 Main Street Holding LLC has acquired a one‑story, 5,183‑square‑foot retail building at 701 Main St. in Monroe for $1.63 million. The seller, Seven Hundred One Main St LLC, had previously purchased the 1.07‑acre property in 2006 for $550,000. Click Here: Investors buy retail Monroe property for $1.63M for […]