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 New York-based sheetrock supply company, Mac-Lad Corp., has acquired a 22,788-square-foot industrial building located at 235 Newfield Ave., Hartford for $1.6 million. The property, previously occupied by Supply New England for nearly three decades, offers 28,000 square feet of potential outdoor storage or parking areas. Click Here: Building supply company buys Hartford industrial building for […]
According to the Hartford Business Journal, the office building at 95 Glastonbury Blvd., Glastonbury, experienced new leases in the first quarter of 2024. Greater Hartford’s office vacancy rates are high, with about 26.5% of office space vacant, including over 36% in the Capital City’s central business district. The report, covering 25.2 million square feet of office space, indicates a slight improvement from […]
According to the Hartford Business Journal, Emmett Group LLC is facing a foreclosure auction for a manufacturing facility in Bristol due to missed mortgage payments. The property, located at 50 Emmett St., spans 205,128 square-feet and sits on 9.1 acres. The property was purchased for $7.1 million. Click Here: New owners of Bristol manufacturing facility facing […]
According to the New England Real Estate Journal, a 23,652 sq ft industrial warehouse was recently sold for $1.6 million. The property, located at 1859 Commerce Dr., in Bridgeport was previously home to the family-owned food distribution company Henry Bresky & Sons since 1955. The facility boasts features such as drive-in doors, loading docks, and […]
According to the Hartford Business Journal, a construction services firm based in Torrington, O&G Industries, through its associated LLC, acquired an office building in Avon for $1.37 million. The property, located at 40 Darling Drive, encompasses 11,416 square feet and sits on 4 acres. It was sold by Chapdelaine Enterprises LLC. Click Here: LLC tied to Torrington construction firm O&G Industries pays […]
According to the Hartford Business Journal, New York-based GTJ REIT Inc. is considering a roof-raising renovation for its property at 777 Brook St., Rocky Hill, which was formerly the CT Lottery headquarters. The project aims to increase the ceiling height from 18 to 30 feet over 91,600 square-feet to enhance the building’s warehousing capabilities. The structural work is estimated to cost between $13 […]
Market Reports
