News: Connecticut

RM Bradley signs Saint Francis to 10,000 s/f at Dorset Crossing

According to RM Bradley, Dorset Crossing, Keystone Companies' new mixed-use development on Hopmeadow St., has Saint Francis Hospital and Medical Center as its first medical tenant. Saint Francis has signed a lease for 10,000 s/f at Dorset Crossing. In addition to medical offices, the site will include a 3,800 s/f urgent care facility. This will be Saint Francis Care's seventh access center complex; other Saint Francis Care access center facilities are located in Avon, Bloomfield, East Hartford, Ellington, Enfield and Glastonbury. The urgent care center will provide care for minor emergencies as well as routine medical needs, such as physicals and vaccinations. Dorset Crossing is a new mixed-use development including medical, retail and residential space, set to be completed July 2012. It will include approximately 50,000 s/f of new medical space in three buildings, two retail pad sites and residential units on the rear portion of the site.
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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