Bernard Mussman Assoc. and AMS R.E. broker 16,423 s/f lease
Chris Edge of Bernard Mussman Associates Commercial Real Estate and Vance Taylor of AMS Real Estate have put together a 7-year lease at 259 Great Hill Rd. The tenant, C W Resources, is a multifaceted, accredited organization empowering persons with disabilities and the economically disadvantaged through employment. Incorporated in 1964 (formerly called Constructive Workshops) and the recipient of many national and state awards for performing meaningful vocational services and employment opportunities to persons with disabilities, CW has many centers throughout Conn., as well as in Mass. and R.I.
The lease in Naugatuck is for 16,423 s/f of industrial/flex space. 259 Great Hill Rd. serves as the location for CW Resources bottle and can return center.
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 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!
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 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