News: Front Section

Angel Commercial, LLC and OR&L handle lease to Hartford HealthCare

Westport, CT According to Angel Commercial, LLC, Hartford HealthCare has executed a long-term lease for the former Westport National Bank building at 1495 Post Rd. The landlord is Post Corner LLC.

“Hartford HealthCare planned to open medical offices at this site,” said Jon Angel, president of Angel Commercial. “They have leased the entire building consisting of approximately 8,557 s/f on 1.12 acres. With 250 linear feet of frontage on the Post Rd. East (Rte. 1) and minutes to I-95 (Exits 18 & 19), it is an ideal location for medical use.”

Hartford HealthCare has more than 400 locations serving 185 towns and cities in Connecticut. It has shown dynamic growth in Fairfield County, which includes opening 42 care sites and hiring more than 200 medical staff in the past decade, making Fairfield County one of the most competitive landscapes in the country for healthcare facilities.

Angel Commercial represented the landlord, and OR&L represented the tenant in this transaction.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
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