Connecticut Commercial Properties Sold in October
Investors and local businesses have secured two properties across the state, impacting local commercial inventory.
Updated on Oct. 6, 2026 in Commercial
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O,R&L Commercial recently finalized the sale of two notable Connecticut properties in October 2026. The transactions involve both an industrial flex space in Pomfret and a retail investment site in Berlin.
Why it matters
These sales shift local property ownership, with one building transitioning to a business owner for expanded operations and the other continuing as an investment property. These moves reflect broader changes in how commercial space is utilized across the state.
The 10,000-square-foot industrial building at 368 Killingly Rd. sold for $852,500, while the 21,200-square-foot retail site at 892-900 Farmington Ave. traded for $2.525 million. The retail property currently hosts three active tenants.
The players
O,R&L Commercial
A full-service commercial real estate firm that manages sales, leasing, and development across Connecticut.
Phoenix Energy Supply
An energy company that acquired the industrial facility in Pomfret to expand its operational footprint.
Yalesville Properties LLC
An investment entity that purchased the multi-tenant retail property located in Berlin.
Kyleigh Caron
The commercial real estate broker who represented the seller of the Killingly Rd. industrial property.
Luke Massirio and Jay Morris
The brokers who facilitated the sale of the retail investment property on Farmington Ave.
The details
The Killingly Rd. facility in Pomfret occupies 2.3 acres and was acquired by Phoenix Energy Supply to serve as a new operational base following the departure of the previous occupant, Paquette Electric. Meanwhile, the Farmington Ave. site in Berlin was purchased by Yalesville Properties LLC from Matson Realty LLC, with the property remaining fully occupied by its current retail tenants.
Timeline
November 2025: Paquette Electric vacated the Killingly Rd. building.
October 2026: The commercial real estate transactions were officially completed.
The Home Front
These transactions reflect larger regional shifts in commercial asset demand for both operational flex space and income-producing retail property. This activity aligns with current industrial and retail market absorption trends monitored by regional development observers.
Local residents living near these properties may observe increased site activity as the new owners settle into their holdings. It is worth noting that these changes represent long-term commercial investments rather than immediate shifts to local residential infrastructure.
The takeaway
Commercial property sales can indicate regional economic shifts that may influence local commercial availability. Homeowners should track business zoning permits in their neighborhood to stay informed about potential changes to nearby amenities.
Further reading
For more updates on the state's changing business landscape, visit Connecticut Commercial.
Source note: This article includes information reported by Nerej.
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