Ford of Wilson Comm'l. brokers $2.2m sale to The Briad Group
James H. L. Ford, CCIM of Wilson Commercial Real Estate Inc. has concluded a fourth sale to a long term client, The Briad Group, for the development of a 120 room Hilton Gardens Inn. The sale price was $2.2 million. The forecast opening is the spring of 2009.
The Briad Group is one of the countries fastest growing hospitality companies representing Hilton, Marriott, T.G.I. Friday's and Wendy's.
Briad now has twelve projects in various stages of pre-construction and has directed Ford to identify and qualify additional sites throughout Connecticut from land owners or their listing agents.
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