Frederick Petrella, CCIM - President, Connecticut Realty Group LLC
Name: Frederick Petrella, CCIM
Title: President
Company: Connecticut Realty Group, LLC
Location: 431 Orange St., New Haven, CT 06511
Birthplace: Hartford, CT
Family: Wife , Laura; children, Andrew (21) attending Columbia College, Chicago; Kristin (18) attending Wagner College, Staten Island
College: Southern CT State University, 1979
First job unrelated to current field: Health and racquet club director
First job in current field: Industrial broker with Cushman & Wakefield
What your firm does now and its plans for the future: Commercial brokerage and investing and managing a personal real estate portfolio; plan on continuing property acquisitions for my portfolio.
Hobbies: Working out on a regular basis, golf, piano
Favorite book: "Uncle Tom's Cabin"
Favorite movie: "Shakespeare in Love"
Person(s) you most admire (outside of family): Rev. Joel Osteen
Keys to success: Keeping a balance in life
If you had to choose a different profession, what would it be? Shortstop for the Boston Red Sox
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 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