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, Avoric Denver Real Estate LLC has purchased two adjacent commercial properties at 971 and 979 Post Road E. in Westport for a combined $3.09 million. The acquisitions include a 3,200‑square‑foot retail building on 0.43 acres for $1.79 million and a 2,836‑square‑foot office building on 0.25 acres for $1.3 million. […]
According to the Hartford Business Journal, a two‑story commercial building at 400 Connecticut Blvd. in East Hartford has sold for $550,000. The 11,970‑square‑foot property was transferred from Soundview Health Partners LLC to Newark Deal LLC, which purchased it as an investment and intends to lease the upper floor while the ground level remains occupied for […]
According to the Hartford Business Journal, T.M. Orchard Street LLC has purchased the 5,820‑square‑foot warehouse at 107 Orchard St. in Stamford for $1.55 million. The seller, CPI 107 Orchard Street LLC, had acquired the 0.31‑acre property in 2012 for $830,000. The building, constructed in 1975 and most recently appraised at $1.21 million. Click Here: Investor […]
According to the Hartford Business Journal, 350 Bostwick Avenue LLC is set to acquire the 29,395‑square‑foot industrial building at 430 Bostwick Ave. in Bridgeport for $2.3 million once Connecticut’s Transfer Act expires in March.The 1.86‑acre site, built in 1974 and appraised at $2.99 million, will include a leaseback of roughly 15,000 square feet to the […]
According to the Hartford Business Journal, Connecticut property owners in municipalities undergoing the Oct. 1, 2025 revaluation are being advised to begin preparing now for potential 2026 tax assessment appeals. The updated valuations will determine each property’s tax burden for the next five years, and shifting market conditions may cause certain asset classes to absorb […]
According to the Hartford Business Journal, Otis Worldwide sold its 188,430‑square‑foot industrial and office facility at 212 West Newberry Road in Bloomfield for $16.5 million to Bloomfield Holdings LLC. The 39‑year‑old building sits on 18.53 acres and will be leased back by Otis through 2027 to maintain operations tied to customer service and light manufacturing. […]