News: Connecticut

Why outsource?

Lease Abstracting: Abstracting provides an alternative and effective way to address problems facing today's corporate real estate managers. As corporations are forced to reduce staff, issues requiring their attention are increasing, causing undo stress and time constraints. Limited time and resources restrict a manager's ability to explore new systems and time saving methods to administer corporate real estate portfolios. Corporations today are knowledgeable and their expectations are high. Abstractors offer services that are on the cutting edge of industry and include a complete review of all lease documents, an inventory of all leases and related documents, a narrative abstract of all salient lease provisions and scanning of all current and future lease documents into the client's centralized database. While abstracting is not a silver bullet, it does provide an accurate, concise, time sensitive snapshot of lease requirements, deadlines and expectations. Property Management: What sets apart one management company from another? Their decision and formula for providing clients and personal customized management and leasing services that are attentive, straight forward, financially sound and efficient. Exceptional management companies strive to preempt problems, control and/or reduce expenses, promote property value enhancements and provide cash flow analysis to the project, the owner's investment and complement his goals. Louise Kahler is director of commercial development at IMT Real Estate, Norwich, Conn.Louise Kahler
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Columns and Thought Leadership
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