News: Connecticut

The Ashforth Company leases 11,000 s/f to O'Connor Davies LLP

According to The Ashforth Company, O'Connor Davies LLP, a regional certified public accounting and consulting firm, has chosen 3001 Stamford Square, a building developed, owned and managed by Ashforth, for its new office location. Moving approximately 40 employees from its current 62 Southfield Ave. location, O'Connor Davies will occupy 11,000 s/f on the fifth floor of the building located at 3001 Summer St. O'Connor Davies includes more than 500 professionals led by 84 partners in seven offices located in New York, New Jersey and Connecticut. "We are thrilled that O'Connor Davies, another outstanding company and highly regarded firm in the Stamford community, will be joining our high caliber tenant roster at our 3001 building," said Darrell Harvey, co-CEO of The Ashforth Co. Monique Delerme of Corporate Design LLC is Ashforth's architect working on the O'Connor Davies space. A.P. Construction Company, Ashforth's construction division, will complete the renovation. The expected move in date is this July.
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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