News: Connecticut

CB Richard Ellis arranges 8,000 s/f lease at 1700 East Putnam Ave., Greenwich

Wachovia Securities, an industry leader in investment and advisory services for individuals, corporations and institutions, has signed an 8,000 s/f lease at 1700 East Putnam Ave. Wachovia Securities will be relocating from its offices at 411 West Putnam Ave. and 1455 East Putnam Ave. to the new space in the fall of this year. William Cuddy, executive vice president, and Budd Wiesenberg, vice president of CB Richard Ellis' Stamford office, represented the building ownership, Related Properties Corporation, in the negotiations. Stephen Banker, managing principal of Newmark Knight Frank's Greenwich office, and Seth Weinstein, managing principal, and Joe Siglin, associate in the Dallas office, represented Wachovia Securities in the transaction. A standout building in a market known for its above-average properties, 1700 East Putnam Ave. offers state of the art capabilities and amenities once reserved for only Fortune 100 companies. Located just minutes from exits 5 and 6 off I-95 and the Stamford and Old Greenwich Metro-North train stations, the property provides easy access to New York City and points beyond, as well as the opportunity for companies to draw from the Tri-State Region's deepest and most diverse labor pools.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
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