News: Connecticut

Abbate and Kosswig of CoreNet Global named to "36 Under 36"

CoreNet Global Connecticut/Westchester chapter members Robyn Abbate and Scott Kosswig have been named to the organization's "36 Under 36." A panel representing CoreNet Global's board of directors and leadership council selected the 50 members of this elite group of young executives based on the members' involvement in CoreNet Global, their accomplishments in corporate real estate, their philanthropic activities and their overall promise. The "36 Under 36" are highlighted in the current issue of CoreNet Global's The LEADER magazine, available at www.corenetglobal.org under "Publications & Resources." Abbate is a partner in the commercial real estate practice at Hartford-based law firm Reid & Riege, P.C. Kosswig is director of real estate at Stanley Black & Decker, based in New Britain, Conn. He also serves on the CoreNet Connecticut/Westchester's board of directors and is a member of its finance committee.
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Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

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!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

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 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

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