News: Front Section
Posted: November 20, 2015
Lewis of Vidal/Wettenstein, LLC brokers $1.1 million sale
Robert Lewis, Vidal Wettenstein, LLCSouth Norwalk, CT Robert Lewis, partner at Vidal/Wettenstein, LLC completed the sale of an office condominium at 33 N. Water St. Lewis represented the buyer, Blackbeard Real Estate Holdings, LLC in the $1.1 million sale. The seller, LSCG Fund 21-1, LLC was represented by Connor Nolan of WFL Real Estate Services.
33 N. Water St. is a nicely situated Condo building with water views, adjacent to the Norwalk Maritime Center in the heart of SONO. The 5,646 s/f office space will undergo a total renovation and serve as the new home of the Buyer’s primary business.
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Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI
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 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
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 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