News: Front Section

Fradkoff named senior vice president at Angel Commercial LLC

According to Jon Angel, president of Angel Commercial LLC, Lester Fradkoff has joined the company as senior vice president. Fradkoff brings over 25 years of experience in the commercial real estate industry servicing Fairfield and New Haven Counties. Prior to joining Angel Commercial, Fradkoff was a senior vice president at Prudential Commercial Real Estate in Fairfield since 1999. "We are excited to have Lester join our team. He is a seasoned veteran in the business who is well respected in the marketplace," said Angel. From the mid 1970s to 1980s, Fradkoff owned and operated a children's clothing retail chain which consisted of 41 stores. Fradkoff is a graduate of the University of Massachusetts, Amherst with a BBA and an MBA in management. Angel Commercial is a full-service real estate brokerage firm headquartered in Fairfield County, specializing in the acquisition, disposition and leasing of office, industrial, multi-family and retail properties on a local and national level.
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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