LATEST NEWS
Recent Transactions: Meadow Place Office Park welcomes new tenant Cross-Spectrum Acoustics
Meadow Place Office Park and L&P Commercial are proud to welcome new tenant Cross-Spectrum Acoustics to Meadow Place Office Park. Meadow Place Office park offers 109 square foot offices available in the Meadows Executive suites, with a common waiting area,...
Recent Transactions: One South End Bridge St. , Agawam, MA ; 21 A Wilbraham St. , Palmer, MA
L&P Commercial, is pleased to share 2 recent transactions. L&P Commercial is pleased to announce the sale of 1 South End Bridge St. The property is best known as the longtime home of the Herzenberg Kitchen Company, located at the rotary connecting routes 57 and 5 and...
Somers Place, 24 Battle Street, Somers, Connecticut
Somers Professional Place, and L&P Commercial, is pleased to welcome Meaghan Fallon and Reiki Intuitive Healing as new tenants. Renovations at 24 Battle St are nearly complete, must see to believe the transformation. Somers Place can accommodate medical and office...
Welcoming The Next Street to The Westwood Building
Office Space in Westfield, MA L&P Commercial is pleased to welcome The Next Street to The Westwood Building at 94 North Elm Street in Westfield, MA. The Next Street was voted Best Driving School in Connecticut. This is their second Western MA location. The Next...
Welcoming Work Opportunity Center to The Westwood Building
Commercial Leasing in Westfield, MA L&P Commercial is pleased to welcome Work Opportunity Center, Inc. to The Westwood Building at 94 North Elm Street in Westfield, MA. They will be occupying 7,000 square feet of the ground floor on a long term lease. Work Opportunity...
Sale of 95 Shaker Road, East Longmeadow, MA
L&P Commercial was pleased to facilitate the sale of 95 Shaker Road in East Longmeadow, MA. The 2.51 acre development with multiple buildings and lumber yard sold for $725,000. L&P Commercial represented the seller and procured the buyer. The 2.51 acre property has 5...
Q1 2021 CoStar Quarterly Deals Winner
Q1 Commercial Real Estate Award We're excited to announce we are being recognized by CoStar US as a 2021 CoStar Power Broker Quarterly Deals winner for Q1! The CoStar Power Broker Quarterly Deals honor the very best transactions in commercial real estate every...
Understanding The Capitalization Rate
DEFINING THE CAPITALIZATION RATE The capitalization rate (often referred to as cap rate) is a valuation measure in the commercial real estate industry used to indicate the rate of return expected on a real estate investment property. The cap rate is the ratio of net...
Somers Place, 24 Battle Street, Somers, Connecticut
L&P Commercial was pleased to facilitate the sale of Somers Place in Somers, CT. Somers Place is an 8,004 square foot medical office building with five separate units. Somers Professional Place, LLC purchased the property on February 10, 2021, and the new landlord...