News: Front Section

GVA Williams' Musilli handles 10,360 s/f lease to Tutor Time at Huntington's Woods' Ctr. at Split Rock

GVA Williams of Connecticut signed a 10,360 s/f lease to Tutor Time at the Center at Split Rock. The child care/learning facility is planning to open in September. This is a 15-year deal with Huntington Woods, LLC, the owner of the Center at Split Rock. Other tenants in the shopping center include Walgreen's, Outback, Sleepy's, HSBC, and Panchero's. Huntington Woods, LLC, developed and managed by Monty Blakeman, a Shelton-based developer. "Tutor Time is a quality tenant for a quality shopping center," said Blakeman. "I am confident that Tutor Time will do very well," Art Lungo and Carol Anderson opened their first Tutor Time franchise in Milford in 1993. They opened Norwalk in 1994. According to Dominick Musilli, the GVA broker that handled the deal, "Shelton is a high growth market and Tutor Time is filling a void in child care services. Also, it's a good strategic use for the shopping center."
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McEvoy of The Conrad Group brokers $2.9 million sale of industrial building

Hingham, MA The Conrad Group  has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
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5 Questions to ask when  choosing a real estate broker - by Elizabeth Perez Barlett

5 Questions to ask when choosing a real estate broker - by Elizabeth Perez Barlett

>They say, “April showers bring May flowers,” but this season may bring more movement in the housing market as springtime is one of the most popular times for home buying and selling. Although spring is one of the strongest seasons for the residential market, it may not be all rosebuds and butterflies if you don’t have the right advisors.
Newmark negotiates sale of  10 Liberty Sq. and 12 Post Office Sq.

Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
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 doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty

The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty

As healthcare facilities, often referred to as “Doc in a Box” clinics, increasingly move into traditional retail spaces, landlords are more frequently leasing to medical tenants. Unlike standard retail or office leases, medical facilities come with a unique set of considerations that must be carefully addressed to ensure a successful tenancy.