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.
Sentry Commercial continues to be committed to being THE EXPERT and THE RESOURCE in the industrial real estate community in Southern New England. As a part of that effort, we are pleased to announce the release of our new website. And while the new website LOOKS different, the real news is that it IS DIFFERENT. TWO major differences: 1) Properties […]
Berkshire Hathaway HomeServices’ gain is the commercial real estate communities’ loss. News is that Gene, longtime General Counsel for the Connecticut Association of Realtors, has recently accepted a job at BHH. Congratulations Gene! Selfishly, sorry to see you go! You were an invaluable resource for all us commercial practitioners and you will be very tough to […]
Lower industrial output numbers – It’s because of the snow. Lower new jobs numbers – It’s because of the snow. Lower retail sales – It’s because of the snow. Lower housing sales – It’s because of the snow. Slower corporate decision making – It’s because of the snow. There are a lot of reasons why CT’s economy isn’t […]
Good and bad news here. Yes, industrial absorption will likely be less this year, which is due to the absorption of a lot of pretty good space in late 2013! So the theory is this…Yes, there are more serious tenants and buyers out looking for space in the industrial sector, the reality is that they are going […]
Commercial real estate information provider, CoStar Group, Inc., has recently released its latest Greater Hartford Industrial statistics. The numbers show a 9.9% vacancy rate in the Hartford industrial sector. While a few of the reported transactions (Waterbury and Chicopee) fall well outside of what the region calls “Greater Hartford” the fact remains that the 9.9% rate […]
One of the best kept secrets in the commercial real estate industry is the Property Assessed Clean Energy program (PACE or C-PACE). What is it? This is a program that is available in 9 states (including Connecticut) with an additional 12 states in the development phase (including the rest of New England (http://pacenow.org/pace-programs/)). The PACE program offers landlord and commercial […]