News: Retail

The Geenty Group completes two transactions totaling 2,057 s/f

The Geenty Group, Realtors, Branford, has leased 1,200 s/f of retail space at 639 Boston Post Rd. Chung Han Woo of World Champion Taekwondo is the tenant. They offer martial arts training with Korean Master Instructors for children and adults. This is their 12th location in Connecticut. Kristin Geenty, SIOR, president, represented the tenant. The landlord is Childress & Duncan, LLC. Juan Marquez, commercial/residential realtor at The Geenty Group, was the agent for the landlord. The Geenty Group also leased an 857 s/f unit in a multi-tenant strip center at 71 West Main St., Branford, located on Rte. 1. The tenant is Vedran Josic. He will use this space for the sale and distribution of cell phones and related equipment. The landlord is 71West Main, LLC. Bill Clark, senior vice president, was the sole agent in this transaction.
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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