News: Connecticut

Levey Miller Maretz brokers several deals

Levey Miller Maretz, LLC brokered the sale of the Mansfield House Apartments. The 18 unit building was sold by Gibralter Properties LLC to Mansfield Studios LLC for $900,000. Attorney Diane Rubin represented the seller, and attorney Henry Silverman represented the buyer. Michael Gordon, Fred Maretz and Noah Meyer of Levey Miller Maretz, LLC were the brokers in the transaction. Old Saybrook Yarn Shop has leased 2,700 s/f at 139 Main St., Old Saybrook. Gordon represented the landlord, Elias Properties of New York. Lonsdale Elevator of West Hartford has leased 1,650 s/f for their New Haven regional office at 1079 Whalley Ave., New Haven. Gordon and Harold Kent represented the owner, GGMCO. Defensive Arts and Fitness leased 3,000 s/f on the second floor of the West Haven Post Shopping Center. Shawn Reilly and Gordon represented the owner, and manage the shopping center.
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Ask the Electrician:  How do I prepare my commercial building for a disaster?

Ask the Electrician: How do I prepare my commercial building for a disaster?

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 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