News: Connecticut

Coci of Mountain Development arranges 34,200 s/f office lease

Shelton, CT Tangoe Inc., a leading global provider of telecom expense management (TEM) solutions, has leased 34,200 s/f of office space at One Waterview Dr. The 95,000 s/f class A building is owned and managed by Mountain Development Corp. (MDC) of Woodland Park, N.J. 

Joseph Coci III, partner of MDC, arranged the lease on behalf of the landlord, One Waterview LLC. Dan Spero, Craig Eisenhardt and Paul Tortora of Jones Lang LaSalle (JLL) represented the tenant.

Tangoe is combining its Connecticut operations at One Waterview Dr. from its two current facilities in Orange and Sandy Hook. “We are excited to bring our Connecticut employees together at One Waterview Drive for even better collaboration and innovation,” said Tom Flynn, Tangoe’s chief administrative officer. “The well-managed building is centrally located and offers many amenities for our employees, as well as open space and conference areas for hosting clients and company events.”

Tangoe’s new space at One Waterview Drive was designed by Perkins Eastman in 2010 for children’s clothing brand Carter’s, which relocated its Connecticut operations to Atlanta, Georgia. The move-in ready offices are fully furnished.

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