News: Front Section

Angel of Angel Commercial, LLC represents Seaboard in 32,000 s/f leases

Seaboard Industries, Inc. has opened a pool and spa supply warehouse at 100A Benton St., leasing the entire 32,000 s/f industrial flex property. This is Seaboard's only additional warehouse outside of New Jersey, where the business celebrates its 66th pool season as a successful family run business. "The company chose Stratford for its location, in order to better serve their existing strong customer base", said Jon Angel, president of Angel Commercial LLC, who represented the tenant in their search and in the lease negotiations. Rob Shawah of Baldwin Pearson represented the landlord, Ernest Trefz. Chris Rauschenbach, president of Seaboard, said, "Searching for a new location is always a tedious task. There are so many variables. Having met Jon Angel was a blessing. He and his firm know the market. Jon pinpointed a bunch of buildings that fit our needs within days of our request. After we agreed on the location, Jon saw the process through until the end. He was also instrumental in negotiations." Seaboard Industries wholesales many different chemicals equipment and parts for the pool and spa industry and currently have three locations in the tristate area. Angel Commercial is a full-service real estate brokerage firm headquartered in Fairfield County, specializing in the acquisition, disposition and leasing of office, industrial, multi-family and retail properties on a local and national level.
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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