Fazzone of Cheshire Real Estate Commercial signs 30,000 s/f lease to Spectra Energy Partners
James Fazzone, president of Cheshire Real Estate Commercial and James Fazzone Developers LLC, has signed a long term lease with Spectra Energy Partners Algonquin Gas Transmission LLC for a new 30,000 s/f building located at 1490 Highland Ave.
1490 Highland Ave. is the fourth building located within the Highland Industrial Center which was also developed by Fazzone. This 30,000 s/f building is part of a two building expansion project that began four years ago. This location will serve as the company's construction support facility for capacity expansion of Algonquin pipe lines.
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