Taking a look at one of our major markets, the Westchester commercial real estate market continues to gain strength with various levels of activity across the multifamily, mixed-use, retail and office building sectors in the first quarter of this year.
With two months until the New Year, 2014 has shaped up to be the best year for Connecticut investment sales since the Great Recession. Over the past months, Northeast Private Client Group has closed a number of multifamily and retail transactions at aggressive values, including:
While the summer months typically see a decrease in Westchester commercial leasing activity, the investment sales market continues full steam ahead. Over the past month, Northeast PCG has been hired exclusively to market five multifamily and mixed use properties in New Rochelle, Mount Vernon and Yonkers. The properties range from nine units to 39 units, and investor interest has been strong despite the steamy temperatures.