Keefe, Fellah, Lindland and Barry of HK Group broker 32,873 s/f sale
Matthew Keefe, Franco Fellah, David Lindland and Justin Barry of Westport-based HK Group completed the sale of the class A office building located at 276 Post Road West. HK Group was the only broker in the transaction.
The fully-leased 32,873 s/f office property, built in 1987, is located on 2.93 acres and last changed hands in 2002 as part of a portfolio sale of 4 office buildings.
Tenants in the building include Iridian Asset Management, LLC, Source Capital Group, Inc., and Paragon Group Holdings, Inc.
The NYC based buyer had interest in acquiring some of the highest quality real estate in Fairfield County.
New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
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