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2017 Annual Review: Christopher Edge of Town of Berlin, CT


What are your predictions for commercial real estate in 2018? I foresee the lack of inventory ... industrial buildings will be prevalent in 2018-19 as firms based in Central Connecticut need to expand into larger facilities to meet their customer demands.


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2017 Annual Review: Christopher Edge of Town of Berlin, CT : NEREJ Home Sections Sections Appraisal & ConsultingConnecticutConstruction Design & EngineeringFinancial DigestFounders MessageFront SectionGreen BuildingsNorthern New EnglandOwners Developers & ManagersRetailRhode IslandSpotlights Subscriptions Subscriptions Subscribe Subscription Renewal Trial Newsletters Daily REcap Hot Property Alert Directory Events Summits Calendar Profiles Digital Sales/Leases About Founders Message Contact Contact Contact Us Media Kit Directory Events Summits Calendar Profiles Subscribe Subscribe Subscription Renewal Trial Newsletters Daily REcap Hot Property Alert Media Kit Contact   2017 Annual Review: Christopher Edge of Town of Berlin, CT December 29, 2017 - Front Section What was your greatest professional accomplishment in 2017? There are two accomplishments that I am most proud of for 2017 The first is the creation of our new website where a firm can search for available commercial properties, find incentive information, see recent happenings as well as look up businesses that call Berlin home The second is the awarding of the first ever 7-year tax abatement in the history of the Town of Berlin to Forrest Machine who is now close to completion on a brand new state-of-the-art aerospace 55,000 s/f manufacturing facility in Berlin. What was your most notable project, deal, or transaction in 2017? The most notable project is the completion of a new dealership for Acura of Berlin and the adjacent 17,000 s/f of retail on the Berlin Tpke With an investment of over $10 million on these two connected projects, it will bring new jobs, taxes and opportunities to the Town of Berlin and help to invigorate additional investment and retailers onto the Berlin Tpke.  What are your predictions for commercial real estate in 2018? I foresee the lack of inventory in the industrial real estate market finally hit the critical point with industrial land again playing a large part in the economic landscape in Berlin With two different subdivisions seriously being looked at in Berlin, I believe the planning for and construction of new industrial buildings will be prevalent in 2018-19 as firms based in Central Connecticut need to expand into larger facilities to meet their customer demands. Print PDF (function() { // DON'T EDIT BELOW THIS LINE var d = document, s = d.createElement('script'); s.src = 'https://nerej.disqus.com/embed.js'; s.setAttribute('data-timestamp', +new Date()); (d.head || d.body).appendChild(s); })(); Please enable JavaScript to view the comments powered by Disqus More from the New England Real Estate Journal (adsbygoogle = window.adsbygoogle || []).push({}); Trending Stories Gluckman Tang develops master plan for Heritage State Park..ODMRelated Beal, Consigli Construction and Arrowstreet place final beam at 40 Water Stredevelopment..ODMNewmark Knight Frank completes $23.5 million sale of 55 Seaport Boulevard..RE This week's columnist: What apartment features do renters want for 2018? - by Rick Haughey (adsbygoogle = window.adsbygoogle || []).push({}); (adsbygoogle = window.adsbygoogle || []).push({});   Appraisal & ConsultingConnecticutConstruction Design & EngineeringFinancial DigestFront SectionGreen BuildingsNorthern New EnglandOwners Developers & ManagersRetailRhode Island New England Real Estate Journal • 17 Accord Park Drive #207, Norwell MA 02061 • (781) 878-4540 • Contact   (function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){ (i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o), m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m) })(window,document,'script','https://www.google-analytics.com/analytics.js','ga'); ga('create', 'UA-77684368-1', 'auto'); ga('send', 'pageview');

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