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, Jasko Development expanded its downtown New Britain holdings with a $1.5 million acquisition of the neighboring properties at 2-26 Main St. and 3 Franklin Square, along with a small adjoining parcel at 12 Glen St. The transaction included a 16,326-square-foot office-retail building on a quarter-acre site and a 3,045-square-foot […]
According to the Hartford Business Journal, 3R Realty LLC purchased the medical office property at 22 Morgan Farms Drive in South Windsor for $1.4 million and plans to relocate RS Dental CPA’s headquarters into the building while maintaining it as a medical and dental office complex. The asset was acquired from 22 Morgan Farms LLC, […]
According to the Hartford Business Journal, New Haven is considering a 12-month moratorium on new data center construction and on the conversion of existing properties into data centers while it develops zoning regulations for the industry. The proposal, which is scheduled for review by the City Plan Commission, would temporarily prevent city departments from accepting […]
According to the Hartford Business Journal, WW Manchester LLC, an affiliate of Spectra Construction & Development Corp., plans to convert the historic Clark Building at 160 Hartford Road in Manchester into a 40-unit apartment development. The roughly 30,000-square-foot former Cheney Brothers silk mill structure, which dates to about 1870, was purchased by the developer for […]
According to the Hartford Business Journal, Rex Bloomfield LLC acquired a flex industrial property at 105 W. Dudley Town Road in Bloomfield for an estimated $1.86 million from Lombardo Development LLC. The asset consists of a 23,825-square-foot one-story building with office and warehouse space situated on 2.51 acres and was constructed in 1988. The property […]
According to the Providence Business News, the City of Pawtucket has narrowed six redevelopment proposals for the former Apex department store property to three finalists, advancing plans for the roughly 20-acre riverfront site along the Seekonk River. The parcel is part of the broader Downtown Gateway Project and represents one of the most significant redevelopment […]