CBRE Closes Sale of Shallow-Bay Industrial in New Haven County

The CBRE team of Jeff Dunne, Steve Bardsley and Travis Langer in collaboration with Matthew O’Hare of CBRE’s New Haven office completed the $10-million sale of 260-284 Quarry Rd. in Milford, CT. CBRE represented the seller, LM Quarry Road II, LLC, an entity managed by LM Real Estate Partners. CBRE also procured the buyer, Albany Road Strategic Opportunity Fund LLC, an entity managed by Albany Road Real Estate Partners.

A New Chapter for Local Banking

How Beacon Bank is strengthening—and scaling up—what a community bank can do for the Berkshires. When Berkshire Bank's green signs quietly changed to Beacon Bank, the Berkshires braced for a familiar story: a homegrown institution swallowed by something bigger and even more removed. In fact, going bigger is bringing the bank closerto its roots. The merger, driven by CEO Paul Perrault, has strengthened the bank’s local focus, creating a regional institution that maintains a hometown, neighborhood feel.

Luke Bronin wins Connecticut’s 1st Congressional District seat

HARTFORD, Conn. (WFSB) - Former Hartford Mayor Luke Bronin, a Democrat, is the declared winner in Connecticut’s 1st Congressional District. He will start his new role in January. Democrats are projected to maintain control of all five of Connecticut’s seats in the U.S. House. Bronin will be the one...

Opinion: New Haven piously presumes it should expropriate property

A push to ban short-term rentals is just a backdoor to collectivizing private property, Chris Powell writes.

Old bowling lanes, a shuttered CVS and empty mall space: CT commercial developments to watch

From a onetime bowling lane's conversion on the Connecticut shoreline to new recreational use, to a car-wash chain's newest expansion in the Hartford area, here are commercial developments across Connecticut that CT Insider is tracking as the calendar flips to November. Norwalk print shop conversion to auto sales. Sixth Speed...

Beyond the Hamptons: The Quiet Appeal of Sharon, Connecticut

There are towns in Litchfield County that buyers discover and then quietly tell their friends about. Sharon, Connecticut tends to work that way. People arrive for a specific reason, a school, a lake, a property they saw online, and find something harder to define once they get there. The retention rate, in the informal sense of how many buyers come once and come back, says something about the town that listing data alone does not.

Berlin's Steele Center Finishes With 72 Apartments, Hop Haus and a Hair Salon

A once-contaminated stretch of industrial land beside Berlin's train station has been transformed into a 72-unit apartment complex with a brewery, a cafe and a handful of small professional offices, capping a project that took eight years from first conversations to completion. The final building, known as 55 Steele Blvd., opened in September 2026 with 52 apartments, finishing out what developers call Steele Center in the town's Kensington section.

Otis pays a 44-cent dividend Dec. 11, and Polaris pays 68 cents Dec. 15

Otis Worldwide will pay a quarterly dividend of 44 cents a share on Dec. 11 to holders of record at the close of business Nov. 13, the Farmington, Connecticut, elevator maker said in an Oct. 29 release. Polaris will pay a regular quarterly cash dividend of 68 cents a share on Dec. 15 to holders... The post Otis pays a 44-cent dividend Dec. 11, and Polaris pays 68 cents Dec. 15 appeared first on The Financial Wire .

A governor who shows up for the Berkshires

It is one thing for a governor to know where the Berkshires are. It is another to understand what it takes to live here. I first encountered Maura Healey in January 2020, when I was serving on the Great Barrington Selectboard. I had traveled to the State House to testify on a home rule petition concerning the return of horse racing to the Great Barrington Fairgrounds.

Cushman & Wakefield hires Schirick as tri-state market lead for its Valuation & Advisory Business

NEW YORK, NY — Cushman & Wakefield, a global real estate services firm, announced that Michael Schirick has joined the organization as the Tri-State Market Lead for Valuation & Advisory (V&A). In this role, Schirick will oversee the firm’s valuation business across New York, New Jersey and Connecticut, working closely with the national V&A leadership team to advance the firm’s client strategy throughout the Tri-State market.

Hartford HealthCare Pays $17.4M for Manchester's Old Sam's Club Building

Hartford HealthCare has paid $17.4 million for the former Sam's Club property at 69 Pavilions Drive in Manchester, a 138,215-square-foot building on 13.07 acres that the health system plans to turn into a centralized medication distribution center. The deal, finalized through a warranty deed recorded on October 7, closes the book on a big-box store that has sat empty and repurposed since 2018.

Housing affordability weighs on young Connecticut voters

For young voters in Connecticut, housing affordability has emerged as a major concern ahead of the November gubernatorial election. Janiya Mercado, 18, a retail employee from Bridgeport, said her family pays about $1,400 in rent. Her grandmother owns the property, but Mercado said rising tax costs have contributed to higher expenses and a financial burden on her family.

Beyond the Hamptons: The Quiet Appeal of Sharon, Connecticut

There are towns in Litchfield County that buyers discover and then quietly tell their friends about. Sharon, Connecticut tends to work that way. People arrive for a specific reason, a school, a lake, a property they saw online, and find something harder to define once they get there. The retention rate, in the informal sense of how many buyers come once and come back, says something about the town that listing data alone does not.

This 4,000-Square-Foot Connecticut Tack Shop Is A Wonderland For Horseback Riders And Horse Lovers Alike

Horse lovers have a special talent for turning a quick shopping trip into a much longer adventure. And honestly, can you blame them when there’s so much interesting equipment to look at?. Now imagine having 4,000 square feet to explore. One Connecticut tack shop offers horse enthusiasts an impressive...

Hector Arzeno on Independence, Housing, and His Record in Hartford

From a challenging childhood in Argentina to international banking and the Connecticut legislature, Greenwich’s 151st District representative discusses his independence, his disagreements with Hartford on housing, and why he believes the best measure of a politician is what he accomplishes. Hector Arzeno remembers the moment he thought he might...

Former CT railroad depot to become home to cocktails, antiques and tea

Lore will focus on teas, antiques and "curiosities," while Archetype will feature a cocktail station, according to the business's Instagram page.

New Haven breaks ground on $32 million affordable housing development in Dwight neighborhood

New Naugatuck apartments a ‘blueprint’ for transit-oriented development

Officials say the project is part of a transit oriented plan to revitalize downtown Naugatuck to make the town more inclusive and connected.

Cafasso named president of the SIOR CT/Western MA Chapter for two-year term

Hartford, CT John Cafasso, CCIM, SIOR, principal with Colliers in Hartford and New Haven, has been named president of the Society of Industrial and Office Realtors Connecticut/Western Massachusetts Chapter. Cafasso will lead the organization for a two-year term. As chapter president, Cafasso plans to focus on increasing member engagement, delivering...

Regal Ventures, Snowball Developments and Devli Real Estate acquires 186,603 s/f single-tenant industrial asset

Windsor, CT A joint venture comprising Regal Ventures, Snowball Developments and Devli Real Estate has acquired a 186,603 s/f, single-tenant industrial asset located at 600 Day Hill Rd. All three partners are based in the New York City area. The site is fully leased by the Spencer division of Howden...