Press and Walker of Press/Cuozzo arrange $314,500 office building sale
Stephen Press, SIOR, co-principal of Press/Cuozzo Commercial Services, and Kevin Walker, Press/Cuozzo Commercial Advisor, represented the seller, Dena Khebl, and the buyer, 2529 Whitney LLC in the sale of 2529 Whitney Ave. The 2,188 s/f, two-story professional office building is set on .17 acres with 10 parking spaces. The building is located on Rte. 10 across from the post office. The property closed at $314,500.
Press/Cuozzo, with offices at 2751 Dixwell Ave., Hamden, has been serving the greater New Haven area since 1990. Press/Cuozzo Realtors is known throughout New Haven County as an innovative and aggressive force successfully marketing all types of properties. Press/Cuozzo provides the services of a commercial/industrial division, residential brokerage, relocation services, and senior real estate services.
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