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.
At Sentry Commercial, we are excited to share our comprehensive Mid-Year 2024 Market Report, packed with crucial insights and analysis to help you navigate the dynamic landscape of commercial real estate. Key Highlights: Industrial Sector: Greater Hartford: Industrial vacancies decreased to 4.6%, with rental rates up 4.0% year-over-year. Greater New Haven: Cumulative rent increased by […]
Sentry Commercial is pleased to announce the sale of 97 Pierson Lane, Windsor CT. The 7,795 SF multi-tenant industrial facility on 6.03 acres sold for $562,500. Sentry Commercial represented the seller and Colliers International represented the buyer in this transaction.
According to the Hartford Business Journal, F+F Mechanical Enterprises has leased over 27,500-square-feet of space at 60 Dodge Ave., North Haven, to expand its operations. This lease, which began on July 1, is part of a 132,000-square-foot warehouse on 2.5 acres near Interstate 91. The company, which already has a 42,000-square-foot facility at 2 Dwight […]
According to the Hartford Business Journal, a Hamden-based real estate investor sold the Watch Factory complex at 98 Elm St. in Cheshire for $4.5 million to 98 Elm LLC. The complex, which includes four brick buildings totaling 42,392-square-feet sits on over 4 acres. The deal also involved a $2.9 million mortgage taken by 98 Elm […]
According to the Hartford Business Journal, a former industrial laundry facility at 149 Derby Ave. in New Haven has been sold for $1.95 million to Honeycomb Real Estate Partners and Monarch Apartment Homes LLC. The 40,000-square-foot building, along with the parcel at 169 Derby Ave., will be developed into “The Monarch,” a complex with 64 […]
According to the Hartford Business Journal, Home Market Foods purchased Carla’s Pasta’s 153,246-square-foot production plant at 50 Talbot Lane and 280 Nutmeg Road in South Windsor for $31.6 million. The Massachusetts-based company plans to invest over $70 million to expand the site, adding a 28,000-square-foot addition and creating 210 new jobs by 2027. The facility, […]