Jones Lang LaSalle signs Grove Hill Medical Ctr. to 10,141 s/f in Newington
Grove Hill Medical Center has signed a lease at 375 Willard Ave. for 10,141 s/f and will continue to serve as one of its nine central Connecticut locations. 375 Willard Ave. is a 31,000 s/f multi-tenant medical building. The owner, Marc Abrahms, was represented by Jones Lang LaSalle's vice president Gary Schless. The tenant was represented by Larry Levere of Sentry Commercial.
Grove Hill Medical Center, P.C. has been providing multi-specialty medical and surgical care on an outpatient basis to the citizens of central Connecticut since 1947, with 71 board certified physicians representing 19 specialties, and nine locations in New Britain and surrounding towns.
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