News: Front Section

Schaffer of Press/Cuozzo Commercial represents Greater New Haven Transit District in 6,467 s/f lease

According to Stephen Press, SIOR, principal of Press/Cuozzo Commercial Services, Ted Schaffer, senior advisor, represented the Greater New Haven Transit District (GNHTD) in a lease transaction of 6,467 s/f at 1010 Sherman Ave. The property at Sherman Ave., owned by William Esposito, is represented by Joel Nesson, senior commercial advisor, also of Press/Cuozzo. GNHTD provides a variety of public transportation services throughout the greater New Haven area and also provides vehicles to municipalities and agencies within the region. The GNHTD acquired this space in order to expand its current base of operations located at 840 Sherman Avenue The expansion will enable the transit district to better serve its clients and to support its growing fleet of modern vehicles. Press/Cuozzo Realtors, located at 2751 Dixwell Avenue, Hamden, CT, has been serving the greater New Haven area since 1990. Press/Cuozzo Realtors provides the services of a Commercial/Industrial Division, Residential Brokerage, Senior Real Estate Services and Relocation Services. # # #
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McEvoy of The Conrad Group brokers $2.9 million sale of industrial building

Hingham, MA The Conrad Group  has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
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Columns and Thought Leadership
It’s time to get creative with closed college campuses - by Christian Koulichkov

It’s time to get creative with closed college campuses - by Christian Koulichkov

Facing higher costs, shrinking enrollments, reduced state funding and severe demographic headwinds, many colleges and universities in New England and the Northeast are fighting for survival. The latest to lose the battle is the 150 + year old University of the Arts in
5 Questions to ask when  choosing a real estate broker - by Elizabeth Perez Barlett

5 Questions to ask when choosing a real estate broker - by Elizabeth Perez Barlett

>They say, “April showers bring May flowers,” but this season may bring more movement in the housing market as springtime is one of the most popular times for home buying and selling. Although spring is one of the strongest seasons for the residential market, it may not be all rosebuds and butterflies if you don’t have the right advisors.
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 doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty

The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty

As healthcare facilities, often referred to as “Doc in a Box” clinics, increasingly move into traditional retail spaces, landlords are more frequently leasing to medical tenants. Unlike standard retail or office leases, medical facilities come with a unique set of considerations that must be carefully addressed to ensure a successful tenancy.