News: Connecticut

CresaPartners leases 2,200 s/f to Execu/Search

CresaPartners in Norwalk recently represented The Execu/Search Group in the procurement of 2,200 s/f at 707 Summer St. Judd McArthur and Bob Stella of CresaPartners represented the tenant and George Walker of Jones Lang LaSalle represented the landlord, 707 Summer Street, LLC. 707 Summer St. is a three floor office building of 73,785 s/f located between North and Spring Sts. Other tenants include The Ashforth Company, Sandak Hennessey & Greco LLP, Ryan Ryan Deluca LLP. The Execu/Search Group is a leading recruitment, temporary/consulting, and retained search firm with offices in New York City and Purchase, N.Y. as well as in Bridgewater and Parsippany, N.J.
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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