Reilly of Levey Miller Maretz brokers $2.75m sale of 12,000 s/f building; Torello Enterprises sells 1651 Boston Post Rd., Milford
Whipple of NorthMarq arranges $2.9m loan for 41,996 s/f complex for 50 Miry Brook LLC through Stancorp Mortgage Investors
Francis T. Zappone Company sells 85-bed convalescent home for $900,000 to Barberi Development Company
Kirby of Lyman Real Estate brokers 20,000 s/f office lease; Conair of Pequot Commercial represents tenant
Riccio of CBRE Melody secures $8.275m loan for Additon Mill Apartments, a 70,000 s/f historic mill conversion in Glastonbury
Brien of GVA Williams leases 1,190 s/f to Benefit Cosmetics at 18 Elm St., Stamford
Chozick and Perkoski of Chozick Realty completes $500,000 sale at 32 Elm St., Vernon sold to W&K Associates
Godin of Matthews Commercial brokers $725,000 sale of 11,300 s/f industrial facility; JRD Props. buys 146 Huntingdon Ave., Waterbury
Citibank leases 30,590 s/f at W&M's 200 First Stamford Place for its Citigroup Global Wealth division HQ
McCormick and Mulready of CBRE negotiate 12,427 s/f lease for Ironshore Insurance Holdings in Simsbury
Colliers Dow & Condon brokers three lease transactions totaling 67,154 s/f; includes 10,000 s/f lease to Midwest Medical Supply
Fugitt of John D. Hastings brokers four Westport leases totaling 5,234 s/f; includes two leases at 830 Post Rd. East
New England Retail Properties signs Aspen Dental to 3,104 s/f at Gateway Plaza in Manchester anchored by Walgreens
HK Group's Lynch sells two Bridgeport properties for $340,000; Harris of HK Group leases 1,490 s/f to Zieman Engineering
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