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 vacant 20,000-square-foot office building at 23 Maiden Lane in North Haven was sold for $1.275 million on New Year’s Eve. The buyer, Maiden Lane Properties LLC, plans to convert the building’s upper floors into approximately 20 apartments while maintaining the first floor for commercial use. The seller, Eitz […]
According to the Hartford Business Journal, a 25,968-square-foot warehouse and 7.39 acres in Bloomfield recently sold for $3.13 million. The properties at 9 and 11 Southwood Drive, which host a branch of United Rentals, were purchased by Mirror Lake Properties Bloomfield LLC and Granger Properties Bloomfield LLC. The seller, ACP URI Bloomfield LLC, had bought […]
According to the Providence Business News, an industrial warehouse building at 1420 Elmwood Ave. in Cranston, previously home to Gem-Craft Inc., sold for $650,000. The 9,350-square-foot building, constructed in 1935, sits on nearly 2 acres of land and includes a 1,200-square-foot office and a 9,100-square-foot unfinished basement. The property was sold by DiSano Realty LLC […]
According to the Hartford Business Journal, Staypoint Properties and a group of investors purchased a 2.58-acre property at 1344-1360 Silas Deane Highway in Rocky Hill for $4 million. The property includes an 83,392-square-foot office building, a 3,060-square-foot fast-food building, and a cellular communications tower. The new owners plan to convert the office building into 70 […]
According to the Hartford Business Journal, Marvin Enfield LLC sold a 48,105-square-foot light industrial building at 1 Niblick Road in Enfield to Tokyo Trading Corp. for $5 million. The property, built in 1998 and sitting on 5.1 acres, was sold following intense interest from multiple buyers. Marvin has engaged in a short-term leaseback of the […]
According to the Hartford Business Journal, JASCA LLC purchased a 60,500-square-foot office building at 500 Winding Brook Dr. in Glastonbury for $1.5 million. The property, built in 1982 and sitting on 5.27 acres, was previously owned by M&T Bank. The new owners plan to transform about half of the space into a modern headquarters for […]
