News: Connecticut

Building and Land Technology leases 66,000 s/f to LDH Energy

According to Building and Land Technology, the developer of the 80-acre mixed-use project on the west branch of Stamford Harbor, Louis Dreyfus Highbridge Energy LLC (LDH Energy) has leased the top two floors totaling 66,000 s/f for 15 years at One Harbor Point Square, a 260,000 s/f building currently being completed at Harbor Point. LDH Energy will relocate its Wilton-based trading operation and administrative functions to its new facility mid year 2011. Carl Kuehner, III, president and CEO of Building and Land Technology, said, "Louis Dreyfus Highbridge Energy typifies the quality tenant we are seeking for Harbor Point. This development is appealing to many companies with its easy train access, exciting amenity package, and new infrastructure, and it is rapidly emerging as a world-class business address." CB Richard Ellis senior vice president, Thomas Pajolek and senior managing director, Robert Caruso represented LDH Energy.
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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