Charter Realty retained to lease 17,134 s/f at Avalon Norwalk
Charter Realty & Development has been hired to lease space in Avalon Norwalk which is located at 24-26 Belden Ave. Current tenants at Avalon Norwalk include McDonalds, Auto Zone, UFC Gym, and RadioShack. The center consists of 3 buildings and currently has 17,134 s/f of retail/office space available for lease.
Avalon Norwalk has ground level retail space in Norwalk's newly developed 350-unit apartment complex, as well as adjacent second floor office/retail space that is also available for lease. Tenants will have corner visibility, and also visibility from Rte. 7. The complex is easily accessed from Rte. 7 and I-95. There is abundant onsite covered parking available, as well as numerous reserved parking spaces for Avalon Norwalk retail/office spaces.
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