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, Nebraska-based Woodsonia Real Estate Group Inc., plans to transform the Enfield Square mall into a mixed-use development named Enfield Marketplace, featuring retail, housing, and recreation. The project is contingent upon approval and involves a $200 million investment to renovate 570,000 square feet of space, including 450 residential units and […]
According to the Hartford Business Journal, the Connecticut Department of Public Health has leased over 127,000 square-feet at the First Brands Building in East Hartford for storing emergency supplies, including a stockpile of personal protective equipment (PPE). The property, located at 88 Long Hill St., is owned by East Hartford Business Park LLC. The lease, […]
According to the Hartford Business Journal, a collection of mixed-use buildings located on Middletown’s Main Street is available for purchase, priced at $6.75 million. The portfolio encompasses five buildings, offering 59 residential units and eight commercial spaces across approximately 54,900 square-feet. The commercial spaces are fully leased to long-term tenants, and most residential units are currently occupied. The […]
According to the Hartford Business Journal, C3 Industries Inc., a multi-state cannabis company, has secured a $16 million investment from NewLake Capital Partners for a new cultivation facility in East Hartford. The investment will fund the acquisition of a 58,500 square-foot industrial property and a $12 million construction build-out. The facility, located at 241 Park Ave. and […]
According to the Hartford Business Journal, a medical building located at 999 Silver Lane in Trumbull, mostly occupied by Yale New Haven Health, has been sold to Fairfield-based 999 Silverlane LLC for $5.2 million. The transaction for the three-floor, 20,900-square-foot property, which sits on 2 acres near key highways and a commercial area, was recorded on […]
According to the Hartford Business Journal, a medical office building located at 613 New Britain Ave., Farmington, was sold for $1.7 million. The property, consisting of 34,611 square feet which was vacant at the time of sale, was previously the headquarters of a major homecare provider and was purchased by MKC Properties LLC. The new owners plan […]