Bondi Commercial and Pequot Commercial co-broke $415,000 sale
Gourmet Galley Catering, LLC, a 20-year-old premier catering company serving all of Eastern Conn., has purchased the 6,660 s/f facility at 138 Norwich Westerly Rd. from Custy's International Buffet. Custy's conducted business at this location for a number of years as its "all you can eat" buffet. The facility is located less than two miles from I-95 and 6.5 miles south of the Foxwoods Casino. The purchase price was $415,000.
The seller was represented by Pierce Connair of Pequot Commercial and attorney Andrew Cellemme of the law office of Waller, Smith and Palmer. The buyer was represented by Kenneth Bondi of Bondi Commercial and attorney Peter Hoops of the law office of Hoops and Jensen.
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