News: Connecticut
Posted: January 2, 2008
Allyn of Allyn & Association elected mayor of Ledyard
Allyn and Associates' founding broker and commercial agent, Fred Allyn Jr., has been elected mayor of Ledyard. He was sworn in on December 3rd and is devoting his full attention to the town. Fred Allyn III, current broker and owner of Allyn and Associates, will be handling Fred Allyn Jr.'s clients.
Fred Jr. has been a licensed real estate broker since 1966. A graduate of The Citadel in Charleston, S.C., Allyn served in the U.S. Army before returning to Connecticut in 1970 to open an insurance agency. Having grown the business to three offices serving southeastern Conn., he sold the insurance business and focused on real estate. Allyn's clients have included Wendy's, Hoyt's Theaters, Rent-A-Center, and Price Chopper Grocery Stores.
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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
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
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 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