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 New England Real Estate Journal, a 23,652 sq ft industrial warehouse was recently sold for $1.6 million. The property, located at 1859 Commerce Dr., in Bridgeport was previously home to the family-owned food distribution company Henry Bresky & Sons since 1955. The facility boasts features such as drive-in doors, loading docks, and […]
According to the Hartford Business Journal, a construction services firm based in Torrington, O&G Industries, through its associated LLC, acquired an office building in Avon for $1.37 million. The property, located at 40 Darling Drive, encompasses 11,416 square feet and sits on 4 acres. It was sold by Chapdelaine Enterprises LLC. Click Here: LLC tied to Torrington construction firm O&G Industries pays […]
According to the Hartford Business Journal, New York-based GTJ REIT Inc. is considering a roof-raising renovation for its property at 777 Brook St., Rocky Hill, which was formerly the CT Lottery headquarters. The project aims to increase the ceiling height from 18 to 30 feet over 91,600 square-feet to enhance the building’s warehousing capabilities. The structural work is estimated to cost between $13 […]
According to the Hartford Business Journal, Marvin, a window-and-door manufacturer, has agreed to lease a new logistics center located at 205 Baker Hollow Road, Windsor. The facility, under construction by Condyne Capital Partners LLC, spans 185,600 square feet and features 32-foot wall heights, 36 dock doors, and 45 trailer parking spaces. Set to complete this fall, the logistics center is […]
According to the Hartford Business Journal, a New Haven landlord has listed his 35,277-square-foot property at 275 Asylum St. for $4.89 million. Previously a high school, the building owned by Ocean Management has been vacant for years, with approved plans for a 50-unit residential complex. Click here to read the full article: Downtown Hartford office building targeted for redevelopment listed […]
According to the Hartford Business Journal, a Massachusetts investor acquired a warehouse at 71 Hammer Mill Road, Rocky Hill for $1.8 million. The 19,540-square-foot property sits on 2.1 acres, and has been leased to New England Gypsum Floors. The building boasts 18-foot ceilings, three drive-in doors, and one loading dock. Click Here: Mass. investors pay $1.8M for Rocky Hill warehouse […]