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, Coventry Crossing, a 21,000-square-foot commercial center at 2300-2380 New London Turnpike in Coventry, has been sold for $9.2 million. The property, spanning 5.65 acres, was purchased by RCG Coventry PM LLC from ARG CCCOVRI001 LLC, with the main building housing a CVS Pharmacy constructed in 2008. The site, located […]
According to the Hartford Business Journal, a three-building office complex at 1224 Mill St. in Berlin has been sold for $2.375 million through an auction on Ten-X. The 35,270-square-foot property, spanning 6.65 acres, was purchased by Cad Cam Machine Corp. The site, 70% occupied and anchored by coworking company Regus, was previously owned by a […]
According to the Hartford Business Journal, Connecticut lawmakers have approved new environmental cleanup regulations to replace the 40-year-old Transfer Act. The revised system, set to take effect in spring 2026, shifts to a release-based approach, requiring pollution to be addressed as it occurs or is discovered. Officials estimate the change will unlock $3.78 billion in […]
According to the Hartford Business Journal, the Capitol Region Education Council has purchased a 52,000-square-foot office and warehouse building at 245 Locust St., Hartford, for $2.1 million. The property, built in 1968 on 3.2 acres, was previously owned by 245 Locust Street LLC and had been leased by CREC for student transportation services. Click Here: […]
According to the Hartford Business Journal, Amazon has purchased 157 acres from the city of Waterbury for $2.5 million to construct a 3.2-million-square-foot logistics center. The project, led by Bluewater Property Group, is expected to create 1,000 full-time jobs and generate significant tax revenue for Waterbury and Naugatuck, which will evenly split the proceeds. Amazon […]
According to the Hartford Business Journal, a 190,000-square-foot logistics warehouse at 100 Sanrico Drive in Manchester has been sold for $12 million, more than triple its 2018 sale price of $3.62 million. The property, built in 1986 on 10 acres, was sold by a limited liability company affiliated with SkyRem to B&D Holdings, a New […]
