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, a nonprofit biotechnology company, previously based in Boston, is inaugurating its new headquarters and laboratory facility in Woodbridge. The facility spans 30,000 square-feet at 4 Research Drive and will be showcased with tours and a ribbon-cutting ceremony. The organization focuses on developing treatments for rare and ultra-rare diseases. Click […]
Per the Hartford Business Journal, Hartford’s office market is facing challenges with landlords successfully appealing property tax assessments, leading to millions in lost city revenues. The city’s revaluation process has been questioned after two major downtown office towers had their values significantly reduced, resulting in tax refunds and future savings for the owners. This trend […]
According to the Hartford Business Journal, the Community Investment Fund 2030 board has tentatively approved $3 million for the redevelopment of the former Aetna Diner at 267 Farmington Ave., in Hartford, into a community center. The 1,767-square-foot property is part of a broader initiative that includes $74.28 million in funding for various building projects across […]
Per the Hartford Business Journal, East Hartford’s Town Council has approved the conditions for a $6.5 million state grant to facilitate the redevelopment of Founders Plaza. The grant will be used to demolish a 182,890-square-foot former office building at 20 Hartland St., making way for a mixed-use development. This project aims to include up to […]
According to the Hartford Business Journal, the property hosting Broad Brook Brewing Co. in Suffield was recently sold for $1.5 million. The transaction included a 9,431-square-foot brewery building and 1.9 acres of land at 915 South St. Completed in 2020, the facility supports over 13,000 barrels of annual production and features a full kitchen. Click […]
According to the Hartford Business Journal, Waterbury was recently offered a $3.1 million state grant for the environmental cleanup of the former Waterbury Button Co. The factory site, located at 835 South Main St. spans 2.5 acres. The site requires investigation and cleaning to prepare for redevelopment. The cleanup is part of the city’s broader […]
Market Reports
