News: Connecticut

Miller of Levey Miller Maretz brokers two leases totaling 6,900 s/f; To Vogue Nail Salon and Family Care

According to Steve Miller of Levey Miller Maretz Commercial Realtors, Vogue Nail Salon has leased 2,100 s/f at D'Andrea's Plaza. D'Andrea's Plaza is the home to Starbuck's, Katz's Deli, Arlyn's Accessories and Elizabeth's. A 4,300 s/f former restaurant space is available for lease. In another transaction, according to Blake Street Center Associates LLC, a new tenant, Family Care Visiting Nurses and Home Care Agency, LLC, signed a 4,800 s/f 5- year lease beginning on September 1 at 495 Blake St. in New Haven. Miller of Levey Miller Martz Commercial Realtors, exclusive broker represented the landlord and Cushman & Wakefield of Connecticut the tenant. Blake Street Center is a 100-year-old totally renovated former manufacturing facility. Its tenants include New Haven Board of Education and Waste Management. It is adjacent to city parks and has views of West Rock Ridge.
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Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

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<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