French of Sperry Van Ness completes $19.165m sale of School Street Square; 147,258 s/f retail center sold by Woodgreen East Hartford, LP
Keogh of Colliers Dow & Condon brokers 40,000 s/f office lease at 38 Wellington Rd., Milford to State of Connecticut
Gordon and Schwartz of Levey Miller Maretz broker $171,000 sale; Connecticut Management LLC sells 267 Center Street LLC
The Pinnacle at Merritt 8 undergoes transformation; Leary of Cushman & Wakefield agent for vacant 60,000 s/f
Foote of O,R&L leases 19,573 s/f to Volvo Aero Connecticut, LLC; industrial space located at 140 Production Court
Hampshire Partners Funds VII acquires 614,600 s/f industrial/warehouse building in Newington Business Park
GKV Architects begins construction on 10,000 s/f space for CitationShares for new offices and training rooms in Greenwich
Vidal/Wettenstein and Arnold Peck Commercial cobroke $1.4 million sale in Milford
The Geenty Group brokers 2,800 s/f in two lease transactions; Ancestral Coffee takes 1,600 s/f and Steady Photography, 1,200 s/f
Ranieri of NorthMarq arranges two mortgage loans in Connecticut totaling $7.1m
McCormick and Mulready of CBRE negotiate 30,544 s/f $4.15m sale at 99 Ash St., Hartford sold to ABC Real Estate
Albert D. Phelps renews/expands lease for EMCOR to 38,650 s/f at Merritt 7 Corporate Park; C&W represents lessee
Kirby of Lyman Real Estate brokers two transactions totaling 8,000 s/f for Environmental Fire Protection and Better Sleep
Godin of Matthews Commercial sells two buildings totaling $510,000 at 1219 Chase Pkwy. and 572 Middlebury Rd.
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