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, UConn’s first downtown Hartford residence hall at 64 Pratt St. has reached full occupancy before opening, with all 202 beds leased and more than 50 students on a waiting list. The $28.9 million redevelopment converted a former office building into student housing featuring 45 furnished apartments, along with study areas, classrooms, recreation space, and a fitness center. Click […]
According to the Providence Business News, a medical office property at 1500 Pontiac Ave. in Cranston sold for $4.2 million, with MGM Pontiac LLC acquiring the asset from Pontiac Medical Group LLC. The single-story building contains 11,638 square feet on approximately 1.87 acres and is fully leased to Brown University Health. Click Here: Cranston office […]
According to the Hartford Business Journal, Seyon Group acquired a 13-property industrial portfolio in East Hartford for $36.05 million, including 11 industrial, office, manufacturing, and storage buildings totaling 419,108 square feet along Prestige Park Road and Prestige Park Circle, plus two vacant industrial parcels totaling 9.56 acres. The portfolio encompasses approximately 28.8 acres of improved […]
According to the Hartford Business Journal, three industrial lease transactions totaling more than 100,000 square feet were completed in Stratford and Plainville. Construction Resources Co. signed a long-term lease for approximately 32,000 square feet at 500 Lordship Blvd. in Stratford, a property owned by BHD CT Realty LLC that was acquired in 2021 for $6.1 […]
According to the Hartford Business Journal, Windsor officials are evaluating an expansion of the town’s tax-abatement program to encourage the redevelopment of underutilized office properties and support new multifamily construction. Office conversion projects could qualify if buildings have been at least 45% vacant for a year and meet investment thresholds or are redeveloped into housing […]
According to the Hartford Business Journal, Vernon Medical Arts Building LLC acquired the medical office property at 428 Hartford Turnpike in Vernon for $3.9 million. The asset consists of an 18,720-square-foot building constructed in 1992 and situated on 2.25 acres, with the purchase financed through a $2.92 million mortgage from Windsor Federal Bank. The property […]
