News: Retail

Brockwell of MJB Real Estate leases 22,000 s/f to Planet Fitness

Mark Brockwell, president of MJB Real Estate Services of Westport is proud to announce the recent lease of 22,000 s/f to Planet Fitness, making Hamden Plaza 100% occupied. Dan Johnson, vice president of MJB, represented both the landlord and the tenant. Planet Fitness has been a resident of Hamden, CT for over 30 years and chose Hamden Plaza for its many amenities and tenant base. Shortly before the Planet Fitness signing, MJB was responsible for leasing a combined 4,200 s/f to Froyo World and Moe's Southwest Restaurant, adding to the plaza's diverse tenant mix. Johnson represented the landlord and the tenant in both of these transactions. MJB is the exclusive agent and property manager for Hamden Plaza.
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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