News: Connecticut

Cushman & Wakefield leases 4,489 s/f to Online Trading Academy

According to Cushman & Wakefield, Online Trading Academy Norwalk has relocated to a 4,489 s/f office at 488 Main Ave. Online Trading Academy is a global leader in the financial education industry. Cushman & Wakefield's leasing team led by Steve Baker, executive director; Adam Klimek, director; and Bill Montague, associate director; represented the landlord, Edgewood Capital Advisors. The tenant was represented by Stephanie Coleman, formerly of Cresa Real Estate. "488 Main Ave. is now 90% leased," said Klimek. "I attribute that to Edgewood Capital's responsive and hands-on management approach. Their capital improvement program transformed the property into a unique, boutique office building with the most competitive rents on the Rte. 7/Merritt Pkwy. corridor. When combined with the building's location and high parking ratio, 488 Main Ave. is the value alternative in the class A office market in this area." 488 Main Ave. is a 36,000 s/f office building located just off the Super 7 Connector in Norwalk. Conveniently situated in the heart of Norwalk's Rte. 7 commercial district, the facility boasts easy access to both the Merritt Pkwy. and I-95.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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