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.
Hingham, MA The Conrad Group has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
As healthcare facilities, often referred to as “Doc in a Box” clinics, increasingly move into traditional retail spaces, landlords are more frequently leasing to medical tenants. Unlike standard retail or office leases, medical facilities come with a unique set of considerations that must be carefully addressed to ensure a successful tenancy.
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.
>They say, “April showers bring May flowers,” but this season may bring more movement in the housing market as springtime is one of the most popular times for home buying and selling. Although spring is one of the strongest seasons for the residential market, it may not be all rosebuds and butterflies if you don’t have the right advisors.
Facing higher costs, shrinking enrollments, reduced state funding and severe demographic headwinds, many colleges and universities in New England and the Northeast are fighting for survival. The latest to lose the battle is the 150 + year old University of the Arts in