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, Landmark Properties has acquired a 1.56-acre site at 134 North Eagleville Road near UConn’s Storrs campus to develop a 738-bed student housing project called The Mark Mansfield. The project includes 7,000 square feet of retail space to house the Huskies Tavern, currently on the site, and construction is slated […]
According to the Hartford Business Journal, 99 Beaj LLC recently acquired a 4,337-square-foot office building at 99 Main St., Norwalk, for $1.17 million. The two-story property, built in 1940 and appraised at $639,730 in 2023, features five office spaces, three bathrooms, a kitchen, an outside deck, and a semi-finished basement of 2,652 square feet. Previously […]
According to the Hartford Business Journal, Qdoba plans to expand its presence in Connecticut and Massachusetts by opening 15 new restaurants under a franchise agreement with PFGS LLC. The San Diego-based chain, which currently operates one Connecticut location in Norwalk, aims to strengthen its foothold in the Springfield and Hartford markets. This expansion aligns with […]
According to the Hartford Business Journal, a two-story, 41,961-square-foot office building at 88 Danbury Road, Wilton, has been purchased by R.D. Scinto Inc. for $1.78 million. Previously owned by Furst Properties LLC and appraised at $7.45 million, the property sits on 3.98 acres. The developer acquired the building to house professional-service tenants relocating from a […]
According to the Hartford Business Journal, Greenwich Park LLC plans to convert a two-story, 42,011-square-foot office building at 18 Valley Road, Greenwich, into a four-story apartment complex. The renovated property, valued at $16.8 million and spanning 80,024 square feet, would feature 46 residential units, including moderate-income apartments, with 88,634 square feet of living space. The […]
According to the Hartford Business Journal, a Hartford-based kitchen furnishings maker has acquired a 15-acre property at 18 Main St., Bristol, for $6.2 million from Barnes Group. The site includes a 58,804-square-foot, four-story office and warehouse building from 1928 and a 224,977-square-foot manufacturing building from 1970. The buyer intends to repurpose the vacant campus into […]