1000 Bridgeport Associates signs four new leases totaling 22,549 s/f
According to 1000 Bridgeport Associates, LLC, a joint venture of Abbey Road Advisors, LLC, Westport and The Praedium Group in New York City, four new leases have been completed at its 134,000 s/f building at 1000 Bridgeport Ave.
ITT Water & Wastewater USA, Inc., an international manufacturer and distributor of fluid handling technology, leased 12,867 s/f with the tenant represented by Kevin Foley of Cushman & Wakefield and the landlord represented by Sue Dengenis and Sean Cahill of CBRE.
HealthPlan One, an online health insurance brokerage, renewed a lease for 5,254 s/f, represented by Judd McArthur of CresaPartners. The building owner was represented by Foley and Torey Walsh of Cushman & Wakefield.
Spectraguard Acquisition, a provider of security services, leased 2,599 s/f with the tenant represented by Judd McArthur of CresaPartners. The building owner was represented by Foley and Walsh.
Logic Technology, LLC, an IT consulting company, leased 1,829 s/f. Both landlord and tenant were represented by Walsh.
New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary