News: Retail

Fellah of HK Group completes five leases totaling 12,076 s/f

Franco Fellah, executive vice president at HK Group has completed the following leases: * Glastonbury-based United Bank leased 6,590 s/f of office at 55 Greens Farms Rd. The Fairfield County expansion is led by Maureen Hanley-Bellitto. * Eyeglasses.com, a high-end optical shop, leased 2,555 s/f at Blue Back Square Shopping Center, West Hartford, Conn. This is the second location for Eyeglasses.com, that already has a retail store downtown Westport at 147 Post Road East. * Francois DuPont Jewelers leased 800 s/f of retail space at Sconset Square Shopping Center, Westport. They moved from Main Street Westport due to the redevelopment of the property where they were located. * XT Capital Partners of NYC, a financial company, leased 500 s/f of office at 311 Post Road East, Westport. * CueScript, Inc. leased 1,631 s/f of office at 1525 Kings Highway East, Fairfield. The company produces tele-prompters that are used throughout the world.
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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