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, a Hamden-based real estate investor sold the Watch Factory complex at 98 Elm St. in Cheshire for $4.5 million to 98 Elm LLC. The complex, which includes four brick buildings totaling 42,392-square-feet sits on over 4 acres. The deal also involved a $2.9 million mortgage taken by 98 Elm […]
According to the Hartford Business Journal, a former industrial laundry facility at 149 Derby Ave. in New Haven has been sold for $1.95 million to Honeycomb Real Estate Partners and Monarch Apartment Homes LLC. The 40,000-square-foot building, along with the parcel at 169 Derby Ave., will be developed into “The Monarch,” a complex with 64 […]
According to the Hartford Business Journal, Home Market Foods purchased Carla’s Pasta’s 153,246-square-foot production plant at 50 Talbot Lane and 280 Nutmeg Road in South Windsor for $31.6 million. The Massachusetts-based company plans to invest over $70 million to expand the site, adding a 28,000-square-foot addition and creating 210 new jobs by 2027. The facility, […]
According to the Hartford Business Journal, the Great River Corporate Center at 440 Wheelers Farm Road in Milford was sold for $4.45 million to Joffe Paulding 19 LLC. The 169,000-square-foot office building, which sits on 11.8 acres, was previously acquired by DW Commercial Real Estate LLC for $7.1 million in December 2023. The property, renovated […]
According to the Hartford Business Journal, Harvest Beverage Group has purchased the former Perri Sausage building at 26 Kendall St., New Haven, for $2.5 million. The 21,500-square-foot building, which sits on 1.27 acres, will now serve as the main production facility for Harvest Beverage, while their previous headquarters at 222 Forbes Ave. will be used […]
Sentry Commercial is pleased is announce that 1 Mountain Rd LLC has renewed a lease of 1,200 SF of office space at 1 Mountain Road, Suffield CT to Turning Point Wellness Center LLC. Sentry Commercial represented the landlord and Coldwell Banker represented the tenant in this transaction.