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, Colella LLC recently sold a longtime banquet facility located at 577 South Broad St., in Meriden to Tennessee-based Hutton Group. The property sits on 2.84-acres and was sold for $1.35 million. Per the article, the buyers plan to demolish the existing building and replace it with a car wash. […]
According to the Hartford Business Journal, Watertown-based United Electric Controls recently purchased a 5,800-square-foot facility in Milford. The property is located at 330 Woodmont Rd., and was purchased for $900,000 from Airgas USA. The buyer also owns 340 Woodmont Rd., and per the article, purchased the new facility for future expansion. Click Here: Precision Sensors […]
According to the Hartford Business Journal, a Hartford-based real estate and investment company, has acquired two properties in Newington that formerly hosted a data center for Raytheon Technologies Corp. The deal involved a 61,428-square-foot industrial building on 2.5 acres at 25 Holly Drive, and an adjacent, vacant 1.57-acre property at 50 Holly Drive. The property […]
According to the Hartford Business Journal, the former Stone Academy campus in East Hartford was recently sold to two separate buyers for a combined $1.25 million. A New-York based investment group purchased a 2.53-acre property at 745 Burnside Ave. with plans to convert a 12,768-square-foot classroom building and a 4,481-square-foot office building into housing or office […]
According to an article published in REbusiness Online, The Yankee Candle Co. has opened a new warehouse and distribution center located at 142 Elm St. in Hatfield, MA. The company will occupy the entire 359,938-square-foot facility. Click Here: Yankee Candle Co. Opens 360,000 SF Warehouse, Distribution Center in Hatfield, Massachusetts for more information.
According to the Hartford Business Journal, the city of Hartford has appointed a new economic development director, Patrick Pentalow, who has experience in the private sector and local politics. Pentalow will work closely with the new mayor, Arunan Arulampalam, to promote downtown vibrancy and neighborhood revitalization. The city has also hired a new housing director, […]
Market Reports
