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.
Just the mention of the word “Washington” sends shivers down all of our spines. How can one city polarize so many people and cause so much angst in our lives? Well, apparently the good news is that US manufacturers aren’t paying all that much attention to Washington and they are going about their business. We […]
Just in case you didn’t think they were speaking any longer…they are! Yes, Amazon is reportedly STILL under contract and still speaking with the Town of Windsor about plans to develop a new 1.5 million square foot distribution center just off of Day Hill Road. Apparently “rumors of Amazon not being interested in the town have been greatly exaggerated”. See […]
I had the opportunity to attend the Connecticut Economic Resource Center’s Showcase event yesterday. It was held at the Northeast Utilities Berlin CT headquarters. A nice event attended by approximately 100 people in the real estate industry. The panelists for the event were Daniel Esty, Commissioner of DEEP, Catherine Smith, Commissioner of DECD and Jim […]
Upbeat report from CoStar this past week. Coming off a strong finish in 2012, warehouse markets throughout the country have continued to improve at the beginning of 2013. 43 of the 54 markets in the US posted positive absorption. Even the weaker markets only had a combined 3.4 million sf of negative absorption. Vacancy rates are down, […]
Whether you’re for or against the new gun control laws in the State of CT it is clear there will be financial fallout. Bristol CT based PTR Industries has just announced plans to relocate its operations elsewhere. Where is elsewhere? Well, they don’t know. They’re just saying anywhere but CT. That means 50 employees leaving […]
It’s a pretty old saying but it’s true. Status quo is not a good thing and unfortunately our industrial markets are just that…stuck in cruise control! Why? The market needs to grow and they’re not growing! Yes, companies are moving and expanding here and there. Even better, there are numerous examples of companies expanding their existing facilities here […]
Market Reports
