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, 1290 Summer Street LLC has purchased a five-story, 42,921-square-foot medical office building at 1290 Summer St. in Stamford for $4 million. The building, which sits on a 0.8-acre lot encompassing 1290 Summer St. and 189 Franklin St., features 118 parking spaces and is near major highways and healthcare facilities. […]
According to the Providence Business News, the Tiverton Town Council approved the sale of 72 acres of Industrial Park land for over $1.26 million to Longplex Family & Sports Center. Longplex has been attempting to purchase this land for years to expand its operations at 300 Industrial Way. The property is intended to support the […]
Sentry Commercial is pleased to announce that GR Creamery Wholesale, LLC has leased 45 Russell Road, East Granby CT. The 9,144 SF on industrial building on 3.47 acres is owned by 45 Russell Road East Granby, LLC. Sentry Commercial represented the tenant and Cushman & Wakefield represented the landlord in this transaction.
According to the Hartford Business Journal, Manchester officials are considering selling a 15,730-square-foot building at 901 Main St. for $1.51 million to ARSOME Technology. The building, which sits on nearly two-tenths of an acre, currently hosts a town-run art gallery and coworking space known as WORK_SPACE. ARSOME Technology plans to turn the coworking space into […]
According to the Hartford Business Journal, Prospector recently leased a 5,000-square-foot space at Nod Hill Brewery, 137 Ethan Allen Highway, Ridgefield, to build a full-scale popcorn factory. The factory, leased from Riverside Real Estate LLC for five years, will contain various machines to produce flavored popcorn, increasing Prospector’s annual popcorn revenue from $250,000 to $1 […]
According to the Hartford Business Journal, Kempner Properties acquired six shopping centers in Connecticut and Rhode Island for $30.75 million. The portfolio totals 126,299 square feet and is 92% occupied, with Town Fair Tire leasing 40% of the space on triple net leases. The shopping centers include properties at 248 West Main Street in Avon, […]
