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 United Way of Central and Northeastern Connecticut has signed a 10-year lease for 10,000 square feet of space at One State Street in downtown Hartford. The 24-story building, owned by Hartford Steam Boiler, will house United Way’s new office on the 17th floor. The organization is moving from […]
According to the Hartford Business Journal, the owner of a South Windsor-based plumbing company purchased a 1.8-acre property at 350 Chapel Road for $2.3 million. The property includes a 29,123-square-foot light industrial building and a 2,500-square-foot building, both with 16-foot wall heights. The deal was recorded on November 7, and the seller was a trust. […]
According to the Hartford Business Journal, a nine-building medical/office portfolio in Farmington sold for just over $7 million. The properties, located on Forest Park Drive and totaling about 90,000 square feet on 10.5 acres, were auctioned this month. The buyer, SSKI Management LLC. The seller, FPO Green LLC, had acquired the complex in 2021 for $5.9 […]
According to the Hartford Business Journal, New Haven-based Arvinas Inc. is expanding its footprint in Science Park by renewing its leases at 4 and 5 Science Park, extending them to December 31, 2029. The company will add 1,500 square feet at 5 Science Park, bringing its total space to 67,500 square feet across both locations. […]
According to the Hartford Business Journal, Sabatino, a West Haven-based truffle company, has opened a new 125,000-square-foot distribution center at 135 Front Ave., expanding its warehouse capacity by 40%. The facility will handle production, packaging, and shipping of truffle products, incorporating automation technology to enhance efficiency. The company plans to hire more positions in 2025 […]
According to the Hartford Business Journal, a subsidiary of Carter Funds acquired a data center at 80 Merritt Blvd. in Trumbull for $10 million. The 227,552-square-foot facility, built in 1960 for Nasdaq, sits on 8.4 acres and includes two data center pods and one disaster recovery pod. This acquisition is part of Aphorio Carter Critical […]
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