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 Providence Business News, Atlantic Mills RI LLC has acquired the 350,000-square-foot Atlantic Mills complex in Providence’s Olneyville neighborhood for $4 million. The historic brick mill, previously owned by the Byrnes family, has long been a focal point for redevelopment discussions. The new ownership group is expected to evaluate potential commercial and residential […]
According to the Hartford Business Journal, Lar Associates LLC has sold the 20,534-square-foot Westport National Bank building at 1100 Kings Highway East, Fairfield for $3.1 million. The three-story structure, built in 1979, remains home to a bank branch following its merger with Greenwich Bank & Trust Co. in 2004, which led to its rebranding under […]
According to the Hartford Business Journal, developers have acquired a 25-acre site at Silver Lane, East Hartford for $1 to construct a 402-unit apartment complex named Concourse Park. The town incentivized the project with a tax abatement and secured $10 million in public financing for infrastructure improvements. The developers demonstrated access to $70 million in […]
According to the Hartford Business Journal, 1730 Commerce Drive LLC has purchased an 87,778-square-foot commercial building at 1730 Commerce Drive, Bridgeport for $3.65 million. The two-story property, built in 1898 on 3.79 acres, was previously owned by 1730 State Street Limited Partnership and houses Beacon Roofing Supply in 52,667 square feet, with 8,000 square feet […]
According to the Hartford Business Journal, Global Development has proposed an EV charging station and café on a 0.55-acre lot at 1561 King St., Enfield. The project, developed for SunEV, will feature 21 charging stations, some sheltered by a solar carport, along with a support building housing a café and restrooms Click Here: EV charging […]
According to the Hartford Business Journal, Scannell Properties has proposed two industrial warehouses totaling 881,500 square feet on a 76-acre site at the corner of Old County Road and Route 20 in Windsor Locks. The first phase includes a 387,500-square-foot warehouse, followed by a 494,000-square-foot facility, with construction expected to begin next year and completion […]