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, Clarke Sono Holdings II LLC acquired the two‑building commercial property at 68‑70 S. Main St. in Norwalk for $5 million . The purchase includes a 4,674‑square‑foot, two‑story residential building with seven apartments built in 1932, along with a 13,002‑square‑foot, four‑story mixed‑use structure dating to 1890. The combined 0.26‑acre site […]
According to the Hartford Business Journal, KCH Trading Inc. is seeking approval to convert the 104,700‑square‑foot industrial building at 1000 Silas Deane Highway in Wethersfield into a warehouse‑style supermarket. The structure, built in 1975 on roughly 3.5 acres, was previously used for food processing and distribution and has been partly vacant while also facing zoning […]
According to the Hartford Business Journal, Broclair Realty LLC purchased the 46,352‑square‑foot mixed‑use complex at 712 Bread and Milk St. in Coventry for $1.7 million . The 24.9‑acre property was sold by the Nadeau Family 712 Bread and Milk Street Property Trust and includes a 24,816‑square‑foot office and warehouse building, a 14,520‑square‑foot warehouse, a 4,800‑square‑foot […]
According to the Hartford Business Journal, Doganci Properties LLC purchased the 15,000‑square‑foot industrial warehouse at 363 Addison Road Extension in Windsor for $995,000 . The building, constructed in 1976 on a 1.2‑acre parcel, had been owned by Chikeray Realty LLC, which originally acquired the property in 2008 for $600,000 . The buyer, an affiliate of […]
According to the Hartford Business Journal, Agree Realty Corp. acquired the 170,638‑square‑foot Derby Shopping Center at 496 New Haven Ave. for $15.35 million . The property, developed in phases from 1985 to 2023, sits on a multi‑acre commercial site anchored by Lowe’s, which occupies about 90% of the total square footage under a long‑term lease. […]
According to the Hartford Business Journal, 72 Park LLC, an entity controlled by Elm Street Trust Properties, purchased the 10,298‑square‑foot office building at 72 Park St. in New Canaan for $3 million . The two‑story property, built in 1953 on a 0.2‑acre parcel, contains 11 occupied suites along with several vacancies and is appraised at […]