News: Connecticut

Windsor Management Co. brokers six leases totaling 44,045 s/f

The Windsor Management Company brokered the following transactions. At Westside Village Center in Manchester owned by Westside Village Center, LLC, Mutual of Omaha leased 650 s/f for general office use. Colliers Dow and Condon represented the tenant. Donald McLaughlin of The Windsor Management Company represented the landlord. Edward Jones leased 1,500 s/f office space at Westside Village Center. McLaughlin was the sole broker in this transaction. At 530 Hayden Station Rd., Windsor owned by Windsor Associates Hayden, International Transfer Service, Inc. leased 27,000 s/f for general office use, light assembly, storage and distribution. McLaughlin was the sole broker in the transaction. At 256 Main St., East Windsor owned by J.C. McDonald Interests, Inc., Gibraltar Manufacturing, Inc. leased 5,720 s/f, Unit C/D for office, product assembly and storage use. Elaine Rossignol of The Windsor Management Company was the sole broker. Motion Industries leased 8,350 s/f, Unit G/H at 256 Main St. The space will be used for general sales, administration, storage and distribution. Rossignol was the sole broker in this transaction. Market Masters leased 825 s/f, Unit E at 256 Main St. The space will be used for general sales and administrative office. Rossignol was the sole broker.
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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