News: Connecticut

The LockWorks opens at BLT's Harbor Point with 35 leases signed

The newly opened LockWorks, a brand new premier rental property, is in full swing with 35 leases signed in the first two weeks. Building upon the ongoing success of 101 Park Place and The Lofts at Yale & Towne, Harbor Point is officially introducing its newest residences, in the heart of Stamford's historic "Lock" district. The LockWorks, a 329-unit complex, features two 6-story buildings connected by a central roof terrace complete with pool, courtyard, lounge area and fire pits. The LockWorks offers a range of housing options including studios, one, two and three bedroom apartments, and townhomes. There will be retail shops located on the ground floor and The LockWorks is only steps away from Fairway Market, Design Within Reach, Cornell University Veterinary Specialists, Robek's Premium Fruit Smoothies, Go Green Dry Cleaners and, coming soon Dinosaur Barb-B-Que. "The LockWorks offers an extrodinary living experience with a long list of amenities located in the heart of Harbor Point's vibrant revitalization," said Carl Kuehner III, CEO of Building and Land Technology. "The ability to walk everywhere including the Stamford Train Station only reinforces a truly unique experience for our residents."
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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