News: Connecticut

Fellah of HK Group completes five leases totaling 6,215 s/f

Franco Fellah, executive vice president of HK Group, finalized five Westport and Norwalk leases. At 225 Main St., Westport attorneys Rita Steinberger and Ed Zawacki leased 1,200 s/f of office space. The owner of the property is 225 Main Street, LLC. At 119 Post Rd. East, Westport, New York- based William Rondina, Inc., a fashion industry operator, leased 1,400 s/f of office space. The owner of the property is BER Holdings, LLC. At 16 Bridge Square, Westport, Atlantic Trading, LLC leased 1,300 s/f of water view offices for a commodity trading operation. Atlantic's mother company has offices in Chicago, London and Sidney. The owner of the property is Mill Pond Farm, Inc. At 256 Post Rd. East, Westport, DCA Business Media, LLC, publisher of Shoot and Shootonline magazines, leased 515 s/f of second floor offices. The owner of the property is Colonial Green, LLC. At One Marshall St., South Norwalk, ICAP Energy, LLC leased 1,800 s/f of space on the second floor. ICAP is one of the world's largest inter-dealer brokers with an average daily transaction volume in excess of $700 billion. Q Sono, LLC is the property owner. Franco Fellah of HK Group represented the tenants in each of the five transactions. HK Group is a full service commercial real estate firm specializing in investment sales, off-market deals, private placements and leasing, representing both landlords and tenants.
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Ask the Electrician:  How do I prepare my commercial building for a disaster?

Ask the Electrician: How do I prepare my commercial building for a disaster?

New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
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