News: Retail

Fascia's Chocolates welcomes Connecticut governor Malloy

Fascia's Chocolates, Inc., which is celebrating 50 years in business, welcomed governor Dannel Malloy on August 28 to their soon-to-open chocolate-making factory and retail store. Governor Malloy toured Fascia's new facility at 44 Chase River Rd. and made a surprise visit to their current factory at 2066 Thomaston Ave. "We couldn't believe governor Malloy made a special trip to visit us," said John Fascia, co-founder of Fascia's Chocolates in 1964 with his wife Helen. "This is certainly more recognition than we ever envisioned for our company." The visit wrapped up the governor's summer-long effort to highlight the role Connecticut's tourism and recreation attractions play in strengthening the state's overall economy. Fascia's is one of the 12 statewide world-renowned chocolatiers and local chocolate artisans on the Connecticut Chocolate Trail. "Through our Still Revolutionary tourism campaign, we have succeeded in bringing more people to our state, boosting attendance at our major attractions and spreading the word about all Connecticut has to offer," said Malloy. Fascia's will host a grand opening celebration at their new factory Columbus Day weekend.
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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