News: Connecticut

Geenty Group brokers 3 deals totaling 6,000 s/f

The Geenty Group, Realtors has leased a 3,200 s/f light manufacturing/distribution unit at the commercial condominium complex located at 63-9 North Branford Rd. Matthew Murphy of Do Valle, LLC is a growing wine distribution company which is expanding into a space four times larger than its present space. The lease was brokered by Kevin Geenty SIOR and Kristin Geenty SIOR. The Geenty Group leased Unit #1 at 801 North Main St. Extension, Wallingford. The new tenant is Dr. Kurt Marschner of Advanced Spine & Sports Medicine, LLC, a long established chiropractic office in Wallingford. 2,000 s/f is being fully renovated for their use in the front unit of a multi-tenanted "flex" building. The unit has direct visibility and access from North Main St. Extension. The landlord is The Verna Family and was represented by Kevin Geenty SIOR and Kristin Geenty SIOR. Lisa Holden of Calcagni Associates in Hamden represented the tenant. The Geenty Group also lease an 800 s/f at 185 Research Dr., Unit #5, an industrial unit in a multi tenant facility in Milford. Roman Wasicki is the new tenant. He will use the space for the sale and distribution of mattresses. The landlord is D'Amato Investments, LLC, and was represented by Bill Clark of The Geenty Group. John Marena of Marena Realty in Stamford represented the tenant.
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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