News: Owners Developers & Managers

Cuozzo and Press of Press/Cuozzo Commercial Services collaborate for $265,000 sale

According to Press/Cuozzo Commercial Services, it has completed the recent sale of units 3 and 4 at Commerce Park, 222 Elm St. The combined units totalled 4,040 s/f and are comprised of 1,245 s/f of high grade office / showroom and 2,795 s/f of 16 ft. warehouse / distribution space. The units offered two overhead doors and the entire space was air-conditioned. The units closed at $265,000. John Cuozzo, Jr., CBR was the listing broker representing the seller, Elm Street Trust, LLC, and Stephen Press, SIOR represented the buyer, Fluid Properties, LLC. Press/Cuozzo Realtors, located at 2751 Dixwell Ave., Hamden, CT, has been serving the greater New Haven area since 1990. Press/Cuozzo Realtors provides the services of a commercial/industrial division, residential brokerage, senior real estate services and relocation services.
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WinnCompanies acquires 290-unit housing property - begins $41.5 million rehabilitation

Chicopee, MA WinnCompanies has acquired a 290-unit affordable housing property in western Massachusetts in a deal that renews the community’s expiring affordability protections and kicks off a $41.5 million rehabilitation to address significant deferred maintenance.
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Columns and Thought Leadership
The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

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Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains