News: Front Section

Block and Siegel of CBRE broker 3,560 s/f lease to Fifth Street Management

Fifth Street Management LLC, the investment adviser of Fifth Street Finance Corp. has signed a 3,560 s/f lease at 2 Greenwich Office Park. David Block, first vice president, and Michael Siegel, executive vice president of CB Richard Ellis' Stamford office, represented ownership in negotiating the direct lease transaction. "Greenwich Office Park continues to maintain its standing as the premier work environment in Town," said Block. "The Park provides every amenity a tenant could ask for and is home to some of the most prestigious names within the financial services industry." Greenwich Office Park is a nine building office park located in a wooded campus setting with two ponds on 23 acres. The class A office park features a full service café, fitness center with personal training, dry cleaning, shoe shine and car detailing services. The property provides shuttle service to the Greenwich Train Station and is easily accessible from I-95, exits 2 or 3 and the Merritt Parkway, exit 2.
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Ask the Electrician:  How do I prepare my commercial building for a disaster?

Ask the Electrician: How do I prepare my commercial building for a disaster?

New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
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