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, Staypoint Properties and a group of investors purchased a 2.58-acre property at 1344-1360 Silas Deane Highway in Rocky Hill for $4 million. The property includes an 83,392-square-foot office building, a 3,060-square-foot fast-food building, and a cellular communications tower. The new owners plan to convert the office building into 70 […]
According to the Hartford Business Journal, Marvin Enfield LLC sold a 48,105-square-foot light industrial building at 1 Niblick Road in Enfield to Tokyo Trading Corp. for $5 million. The property, built in 1998 and sitting on 5.1 acres, was sold following intense interest from multiple buyers. Marvin has engaged in a short-term leaseback of the […]
According to the Hartford Business Journal, JASCA LLC purchased a 60,500-square-foot office building at 500 Winding Brook Dr. in Glastonbury for $1.5 million. The property, built in 1982 and sitting on 5.27 acres, was previously owned by M&T Bank. The new owners plan to transform about half of the space into a modern headquarters for […]
According to the Hartford Business Journal, a 52,402-square-foot industrial building at 2 and 4 Mosey Drive in Bloomfield, hosting manufacturer HISCO Pump, was sold for $1.6 million. The property, which includes 3.6 acres and a 1970-vintage light industrial building, was sold by a limited liability company and purchased by a principal of HISCO. Despite the […]
According to the Hartford Business Journal, a 191,128-square-foot office building at 535 Connecticut Ave. in Norwalk, built in 1988 and sitting on 1.71 acres, was sold for $5.9 million earlier this month. The property, previously purchased for $16.5 million in 2018 by Hanover Real Estate Partners, was acquired by 535 Norwalk LLC and Five Hundred […]
According to the Hartford Business Journal, a 25,561-square-foot industrial building at 237 Ledyard St. in Hartford was sold for $2.4 million. The property, situated on 1.4 acres in the South Meadows neighborhood, was sold by a limited liability company affiliated with Staypoint to Pennsylvania-based W. Dealtrey Limited Partnership. Click Here: 25,561-sq.-ft. Hartford industrial building sells […]