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 limited liability company affiliated with Petzold’s acquired the Port Clinton Marina property at 33 Indian Drive in Clinton for $3.5 million. The 2.1-acre site includes a 75-year-old, 838-square-foot commercial building and a network of floating docks offering 140 boat slips at the mouth of the Hammonasset River. The […]
According to the Hartford Business Journal, the Connecticut Port Authority is reevaluating the future of the State Pier in New London following the federal halt of the Revolution Wind project, which had been using the facility as its primary staging site. Ørsted had installed 47 of the planned 65 turbines before construction was ordered to […]
According to the Hartford Business Journal, Van Tassell LLC acquired a 5,132-square-foot warehouse located at 8 Van Tassel Court in Norwalk for $1.14 million. The one-story building, constructed in 1946, sits on a 0.15-acre parcel and was previously owned by 10 Van Tassel Court LLC. Click Here: Paving business owner buys Norwalk warehouse for $1.14M […]
According to the Hartford Business Journal, V20 Group has proposed a 20-unit, three-story mixed-use development called Heights Corner at 90, 100, and 188 Heights Road in Darien. The project would combine three vacant parcels into a single 1.34-acre site and feature 50,824 square feet of residential and retail space. Click Here: Developer proposes 20-unit, three-story […]
According to the Hartford Business Journal, Terex Corp., headquartered at 301 Merritt 7 in Norwalk, has agreed to sell its Tower and Rough Terrain Cranes businesses to Raimondi Cranes SpA, a Milan-based manufacturer. The transaction includes Terex’s facilities in Fontanafredda and Crespellano, Italy, as well as its North American Cranes service operation in Wilmington, North […]
According to the Providence Business News, Covestro LLC sold its 67,800-square-foot industrial building at 199 Amaral Street in East Providence for $5.4 million. The one-story facility, situated on 4.4 acres and originally built in 1969, was acquired by Lamberti U.S.A. Inc., the American subsidiary of an international chemical manufacturer based in Italy. Click Here: Covestro […]
Market Reports
