News: Connecticut
Posted: March 4, 2010
Scafati of Press/Cuozzo honored by New Haven's CID
According to Press/Cuozzo Commercial Services, Albert Scafati, senior commercial advisor, has been awarded the Industrial Lease Deal of the Year Award presented by New Haven's Commercial and Investment Division (CID). Scafati was one of two brokers that received this year's top industrial lease for 355 Washington Ave. to CBS Outdoor, Inc. The 17,400 s/f office/warehouse building, formerly the W.B. Mason facility, was completely renovated to accommodate CBS Outdoor's new location to be used for sales and services. Scafati represented the landlord, Luigi Ferraro, on this long-term lease with multiple options.
Scafati has been a consistent award winner and also received the Co-Star Power Broker Award. He has also completed his year as president of the Greater New Haven Association of Realtors.
Stephen Press, SIOR, and John Cuozzo, Jr. congratulate Scafati on this accomplishment, which demonstrates his tenacity and perseverance during this difficult economic climate.
MORE FROM Connecticut
Quick Hits
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Columns and Thought Leadership
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
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
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 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