News: Retail

Royal Properties leases 1,625 s/f to Greenwich Dance Studio Petite

According to Royal Properties, Inc., Jeff Kintzer has leased the former Ballet Des Enfants space. Greenwich Dance Studio Petite has leased 1,625 s/f at ShopRite Plaza located at 2000 West Main St. The new studio will open for classes in November, primarily targeting dancers from ages 6 months to 4 years with both Mommy & Me and Drop-off dance classes for girls and boys. Greenwich Dance Studio Petite will also feature a beautiful boutique, as well as provide birthday parties and adult classes in the near future. Jeff Kintzer of Royal Properties, represented both the landlord and tenant. Shop Rite Plaza is co-tenanted with ShopRite, Dunkin' Donuts, Sleepy's, Angel Tips, Rizzuto's, Subway, Palm Beach Tan, Great Play and many more. This center is located off Exit 6 on I-95 at Old Greenwich/Stamford border. There is currently a 2,073 s/f end cap available. Royal Properties, is a retail brokerage and consulting company specializing in the placement of retailers throughout N.Y., N.J. and Conn.
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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