Tony Valenti of the R. Calabrese Agency, LLC represented the tenant, Joseph Merritt Graphics, Inc. in their leasing of 26,473 s/f at 101 Prestige Park Rd. Joseph Merritt Graphics, Inc. headquartered in Hartford, was in the market to identify a property that was strategically located and could accommodate the space required to expand one of their key business components.
After an exhaustive search, Valenti and Merritt, identified the East Hartford property as their logical choice. The Fremont Group, LLC the owner and landlord of this building was represented by Cushman & Wakefield of Connecticut, LLC.
Joseph Sposito, a senior executive representing The Fremont Group, LLC was involved in all aspects of this lease negotiation and played an integral role in consummating this transaction.
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