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, Kubtec completed a $3.7 million acquisition of the building at 75 Merritt Blvd. in Trumbull as part of its relocation from Stratford. The 112,544‑square‑foot facility sits on 5 acres within Trumbull Corporate Park and will be converted to support production, assembly, and quality‑control operations. The buyer, Merritt 245 LLC, […]
According to the Hartford Business Journal, Welltower sold five medical properties in Danbury and Newtown for $86.9 million. The portfolio included a 42,120‑square‑foot building at 2 Riverview Drive sold for $24 million, a 58,446‑square‑foot facility at 40 Old Ridgebury Road sold for $23.9 million, and a 19,209‑square‑foot property at 228 White St. sold for $10.6 […]
According to the Hartford Business Journal, Ruby Street LLC acquired the 2.5‑story mixed‑use building at 16 Ruby St. in Norwalk for $1 million. The 4,900‑square‑foot structure, built in 1948 on 0.14 acres, includes ground‑floor commercial space and three residential units. The buyer purchased it as an investment property. The seller, 16‑20 Ruby Street LLC, had […]
According to the Hartford Business Journal, a limited liability company controlled by a Hartford developer sold the 6,447‑square‑foot, three‑unit retail building at 1 Kirby Road in Cromwell to 1 Kirby Road Realty LLC for $2.45 million. Click Here: Hartford developer Mouta sells Cromwell retail plaza to Dunkin’-linked buyer for $2.45M for more information
According to the Providence Business News, the 75,847‑square‑foot Branch Avenue Plaza at 650 Branch Ave. in Providence has been sold for $10.6 million. The seller, 147 Amsterdam LLC, transferred the 8.09‑acre retail property, recently renovated with more than $1.5 million in capital improvements to 650 Branch LLC, a Fall River–based entity. The plaza, originally built […]
According to the Providence Business News, Motion Industries Inc. has leased a 24,000‑square‑foot industrial building at 24 Stafford Court in Cranston. The one‑story facility, owned by 21 Stafford Court Realty Co. LLC, sits on 1.85 acres and includes a 20,000‑square‑foot main production area, 1,000 square feet of office space, and 3,000 square feet of auxiliary […]
