News: Connecticut

Geenty Group leases 25,000 s/f to Fortis Business Media, LLC at 141 Mill Rock Road

Fortis Business Media, LLC of Nashville, Tenn., has leased 25,000 s/f of office space at 141 Mill Rock Rd., East, in The Old Saybrook Business Park. The seven-year initial lease term has a value in excess of $2 million. Fortis and its BLR division distributes written materials dealing with numerous topics including OSHA compliance, sexual harassment, human resources, best practices, etc. The landlord, Mill Rock Leasing, LLC, was represented by Kevin Geenty SIOR, of The Geenty Group, Realtors, and by Raymond Madorin, Esq. of Farmington. The tenant was represented by Richard Lee of O,R, & L Commercial in Branford, and by Gregory Pease, Esq. of Sherrard & Roe of Nashville, Tenn. The Geenty Group, Realtors, is an SIOR firm serving the needs of clients statewide and nationally through their extensive networks of contacts in the real estate profession, as well as legal, architectural, engineering, environmental engineering, 1031 exchange, zoning and economic fields. For more than 20 years, The Geenty Group has been a leader in commercial industrial real estate brokerage.
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Columns and Thought Leadership
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