Tischio and Brochin of Berkshire Hathaway Commercial Group complete $1.95 million sale
The North Haven office of Berkshire Hathaway Home Services New England Commercial Group agents, John Tischio CCIM and Elizabeth Brochin, completed the sale of 135-141 Orange St., the Palladium Building. The purchase price was $1.95 million. New Haven is continuing to attract interest from investors and developers. A number of significant projects now underway or moving along in the planning process will add biomedical research and development space, expand the number of residential units, add commercial space, and improve existing infrastructure and access to the city.
Tischio and Brochin represented the seller, Orange Palladium, LLC. Regina Sauer of Real Living Wareck D'Ostilio Real Estate represented the buyer, NHR.
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 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!
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 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