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 Shelton-based developer recently acquired three Milford properties for $10 million, including the former Subway headquarters, with plans to build a new 160,000-square-foot distribution center and renovate two existing buildings. The project, valued at $20 million, received town approval and involves demolishing the corporate headquarters, constructing the distribution center […]
According to the Hartford Business Journal, a 37,000-square-foot manufacturing building at 129 Reservoir Rd., in Vernon was recently sold for $1.7 million. The property sits on 5.2 acres and had been the headquarters for an aerospace subcontracting manufacturer. Click Here: Vernon manufacturing building sells to Illinois holding company for $1.7M for more information.
Sentry Commercial is pleased to announce that Broadleaf Property, LLC has purchased 3 Creamery Brook, East Granby, CT from DSGT, LLC. The 4,000 SF office building on 1.18 acres sold for $1,000,000. Sentry Commercial represented the buyer and Lis Real Estate, Inc. represented the seller in this transaction.
Sentry Commercial is pleased to announce that Holmes Asset Management, LLC has sold 20 Holmes Road, Newington, CT to Syman Properties, LLC. The 12,240 SF warehouse on 1.05 acres sold for $625,000. Sentry Commercial represented the seller and was the sole broker in this transaction.
Remember…the “experts might know more than the average bear” but they don’t know everything. Recent news about Talcott Financial Group moving its Windsor offices to 52,000 square feet in downtown Hartford made me think…wasn’t it just two years ago that everyone (including me) was telling you all it was likely that companies would move OUT […]
Amazingly, it’s been a year since the pandemic began. I remember closing our offices on March 12th, one day prior to the very apropos Friday the 13th! Just as amazingly, the clock and the calendar simultaneously and equally slowed to a tedious crawl and sped to an unsustainable blur. March 12, 2020 put us on […]