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 a recent article from the Hartford Business Journal, the industrial real estate market in Connecticut is expected to remain strong in 2024, despite some challenges such as financing, land availability, and environmental regulations. The region had an overall industrial vacancy rate of 3.7% at midyear 2022, with companies adding 1.3 million square feet […]
According to the Hartford Business Journal, A West Hartford commission approved the wetlands permit for a part of the redevelopment of the former UConn campus on Asylum Avenue. The project, now called Heritage Park, will have a mix of residential and commercial uses on the 58-acre property. Developers have made changes to their plans to […]
According to the Hartford Business Journal, Ohio-based IRG Industrial Realty Group LLC recently purchased the former Stanadyne campus, located at 90-92 Deerfield Rd., in Windsor. IRG has plans to invest at least $5 million into building improvements and upgrades along with renovating, rebranding and marketing the three-building, 740,000-square-foot flex space. Click Here: Stanadyne’s former Windsor […]
According to the Hartford Business Journal, A family of investors plans to convert a derelict factory in Hartford’s Parkville neighborhood into 100 residential units and five commercial spaces. The factory, located at 169 Bartholomew Ave., covers 85,000 square feet and sits on a 2.9-acre site. It was purchased for $210,000 in a 2017 city tax auction. The project is […]
Dive Deep into the Latest Trends! Our ‘State of the Market’ report is here. Uncover key insights and expert analysis on the current commercial real estate landscape. Perfect for investors, brokers, and industry enthusiasts. Don’t miss out on this valuable resource! #ConnecticutRealEstateTrends #ConnecticutMarketInsights #ConnecticutCommercialRealEstate Click here to view the State of the Market Report
Sentry Commercial is pleased to announce that Jolley 3, LLC has purchased 57 Jolley Drive, Bloomfield CT from Bell Medical Building, LLC. The 7,139 SF medical office building on 1 acre sold for $1,000,000. Sentry Commercial represented the seller and was the sole broker in this transaction.