Fugitt of John D. Hastings brokers four Westport leases totaling 5,234 s/f
David Fugitt, SIOR of John D. Hastings, Inc. commercial real estate of Westport brokered the following office leases:
Moffly Publications has leased 1,600 s/f at 215 Main St. in downtown Westport. Fugitt was the sole broker involved in the five year lease.
Two leases have recently been signed at 830 Post Rd. East. The leases were to Larew Associates with 1,24 s/f and 97 Washington Street Associates with 830 s/f. Joanne Williams of Hastings Real Estate in Wilton represented Larew Associates and Bob Miller of Prudential Connecticut Commercial Real Estate represented 97 Washington Street. Fugitt, as exclusive leasing agent, represented the landlord in both of these leases.
China Cares Foundation has leased 1,510 s/f of office space at One Morningside Dr. North. Fugitt represented the landlord and D. J. Smith of Rand Real Estate represented China Care.
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