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, the Wallingford Planning & Zoning Commission approved a 62,500-square-foot warehouse to be built on a 22.38-acre site at 15 Sterling Drive, which also houses a 174,000-square-foot Connecticut Lottery facility. The property is owned by Sapphire Group I51 LLC, which purchased it in 2018 for $5.65 million. The new warehouse […]
According to the Hartford Business Journal, a cannabis dispensary property at 895 Washington Street in Middletown was sold for $1.95 million. The 1,840-square-foot, single-story brick building sits on half an acre and was previously a Bank of America branch. Arctrust, a Clifton, New Jersey-based real estate investor, sold the property to an LLC affiliated with […]
According to the Hartford Business Journal, a one-story, 17,598-square-foot retail building at 907 High Ridge Road in Stamford was sold for $5.58 million. The property, built in 1968 and previously appraised at $3.28 million, sits on a parcel assessed at $2.3 million. It formerly housed a furniture retailer that plans to relocate to a 5,820-square-foot […]
According to the Hartford Business Journal, a Florida-based investor acquired a 4,686-square-foot commercial building at 1045 Kennedy Road in Windsor for $2.6 million. The property, situated on 1.5 acres, is currently leased to a major financial institution under a triple-net agreement. Click Here: Florida investor pays $2.6M for Windsor bank branch building for more information.
According to the Hartford Business Journal, a two-story office building with warehouse space at 11 Brookfield St. in Norwalk was purchased for $1.05 million. The 4,898-square-foot property, built in 1970 on a 0.15-acre parcel, was previously appraised at $693,530 and assessed at $485,470 in 2023. Click Here: Westport financial services professional buys Norwalk office space […]
According to the Hartford Business Journal, a one-story, 2,709-square-foot building at 1643 Post Road in Fairfield was purchased for $2.6 million and is slated to become a new credit union branch. The property, built in 1972 and formerly occupied by a national bank, was appraised at $2.45 million and assessed at $1.72 million in 2024. […]
