News: Retail

SullivanHayes represents The Fresh Market in 18,000 s/f lease

Tim McNamara and Brian Knowles of Farmington-based SullivanHayes Companies represented The Fresh Market in its second Connecticut location on Rte. 44 in 18,000 s/f at Nod Brook Mall. The team negotiated the ground up development with New York-based landlord, Midwood Management. The location will serve as a pad in the center which is anchored by Marshall's and Michael's Arts & Crafts. The Fresh Market, headquartered Greensboro, N.C., is a publically held upscale grocer with over 100 stores in 20 states. This location marks the company's third New England store with the other locations being in Westport and Hingham, Mass. The store is known for high quality perishables and "ready to eat" entrees in an "old-world" style décor. McNamara and Knowles continue to search for high quality locations for The Fresh Market in Connecticut and Westchester County, N.Y. The company plans to open in late 2011 or early 2012.
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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