News: Connecticut

Trevor Davis Commercial Real Estate sells a total of 10,528 s/f for $549,000

Trevor Davis Commercial Real Estate, LLC, sold 93-97 Broad St. The buyer, Opportunity Real Estate Equities, LLC, purchased the building, totaling 4,444 s/f, for $172,000. The price was adjusted due to damage from the hurricane. Trevor Davis represented the seller, the American National Red Cross and RE/Max MarketPlace represented the buyer. Trevor Davis Commercial Real Estate, also sold 80 East Main St. The buyer, Abarientos Middletown Real Estate, LLC, purchased the building, totaling 6,084 s/f, for $377,000. The buyer will use the top floor for a medical office. Davis was the only broker in the transaction.
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Ask the Electrician:  How do I prepare my commercial building for a disaster?

Ask the Electrician: How do I prepare my commercial building for a disaster?

New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
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