News: Connecticut

Baird joins Pearce Real Estate's commercial division

According to Barbara Pearce, president of Pearce Real Estate, Kirk Baird of New Haven has joined the company's Milford office as a commercial sales agent. Baird's expertise is in commercial, investment and industrial real estate. He started his career at IBM where over the years he handled businesses ranging from new accounts up to national accounts such as the Travelers. Since then, he has spent over 35 years in the finance industry including banking, investment management and real estate brokerage. Baird is well-versed in financial analysis and investment analysis due to his time spent at First Bank, Citytrust and Merrill Lynch. After graduating from Yale University, Baird has spent the past 40 years living and working in New Haven County and knows the real estate market well. He is a member of the Greater New Haven Association of Realtors (GNHAR), Connecticut Association of Realtors (CAR), National Association of Realtors (NAR) and the Commercial Investment Division (CID) of the Greater New Haven Association of Realtors. He is presently a CCIM candidate. Kirk is a member of the Yale Club of New Haven, and is past Treasurer of the Board of Trustees of the First and Summerfield United Methodist Church. He is a past Director of the New Haven Chamber of Commerce and is a past Chairman of the Greater New Haven YMCA where he was honored as Man of the Year.
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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