News: Connecticut

Arnold Arnold Peck's Commercial World and Caselli Commercial merge

Arnold Peck of Arnold Peck's Commercial World and Joseph Caselli of Caselli Commercial Properties have merged. Arnold Peck's Commercial World offers unsurpassed service in the sale of commercial properties. Peck also operates ERA Property World that corners the market for customer service in the sale of luxury homes, REO/foreclosure, shoreline homes and new construction custom homes or spec homes (they have been building for over 35 years). Their regional office is located at 500 Boston Post Rd. in Milford. Caselli Commercial Properties brings over 50 years of professional service in the Stratford area to the merger. Ted Hoyt, sales manager of Caselli Commercial Properties, has been with the firm for 35 years. Joe Pavlik, formerly an executive at SNET for over 20+ years, has been with Caselli for several years. Rose Aiello has been an administrative assistant with the Caselli group since 1986 and has worked with Peck/Caselli in several of their joint ventures. "The merger of these two firms will allow us to provide even better and more extensive service and coverage. This opportunity will also allow our firms to expand their presence in the Fairfield County area," said Hoyt. Peck and Caselli have shared a personal and professional relationship for nearly 35 years. Some of their major projects have included the Hawley Glen Condos in Stratford, Mallard Brook Crossing on Coleman St. in West Haven, Savin Harbour Condos on Savin Ave. in West Haven, the Niantic Condos, Pelican Cove East and West in Woodmont section of Milford, and the Conversion of the Stratford Arms building to condos. This merger is a logical extension of that relationship. They are both looking forward to providing their clients with the most thorough, comprehensive and professional service available. Peck is elated to have them on the team and anticipates bigger and better transactions.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
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