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.
Per the Hartford Business Journal, East Hartford’s Town Council has approved the conditions for a $6.5 million state grant to facilitate the redevelopment of Founders Plaza. The grant will be used to demolish a 182,890-square-foot former office building at 20 Hartland St., making way for a mixed-use development. This project aims to include up to […]
According to the Hartford Business Journal, the property hosting Broad Brook Brewing Co. in Suffield was recently sold for $1.5 million. The transaction included a 9,431-square-foot brewery building and 1.9 acres of land at 915 South St. Completed in 2020, the facility supports over 13,000 barrels of annual production and features a full kitchen. Click […]
According to the Hartford Business Journal, Waterbury was recently offered a $3.1 million state grant for the environmental cleanup of the former Waterbury Button Co. The factory site, located at 835 South Main St. spans 2.5 acres. The site requires investigation and cleaning to prepare for redevelopment. The cleanup is part of the city’s broader […]
According to the Hartford Business Journal, a Farmington-based precision manufacturer, Connecticut Spring & Stamping (CSS), has acquired Tryco Tool & Manufacturing, with plans to relocate Tryco’s production from New Jersey to Connecticut. The transition, set to occur over three to six months, will consolidate operations within CSS’s expanded 200,000 square-foot headquarters and two other facilities in Farmington […]
According to the Hartford Business Journal, two warehouses, totaling 2.5 million square feet, have recently received temporary certificates of occupancy at Rentschler Field in East Hartford. These warehouses are leased to major retailers Wayfair and Lowe’s. The project is expected to generate approximately $4.9 million in property tax revenues for the upcoming fiscal year. While plans […]
According to the Hartford Business Journal, a new self-storage facility has been proposed in Enfield. The facility, planned at 210 Moody Rd., and will encompass 67,230 square feet of storage space distributed across 10 buildings, along with an office. Additionally, there are plans for a 13,900-square-foot expansion to an existing 28,000-square-foot warehouse and distribution center located at the intersection of Moody and Taylor roads. The warehouse, […]
Market Reports
