Brokerage

Core integrated real estate brokerage services, centered around the client's needs. We specialize in commercial brokerage and leasing and full residential services. Call today and speak to a licensed professional (860) 437-7070

Real Estate Brokerage

At Northeast Property Group, our integrated core Real Estate Services provide our clients with a broad range of solutions for their real estate needs.

Northeast Property Group’s brokerage division, headed by Principal Broker Dan Barber, CCIM, provides high quality representation to owners of Commercial and Residential Real Estate with sales, marketing and leasing expertise. 

The business of real estate brokerage is about information as much as it is about buildings and land. Whether you are a tenant, owner, landlord or owner occupant, the quality of information that is provided to you underscores well-informed decisions. Northeast Property Group is committed to maintaining up to date information necessary to advise and guide our clients to the conclusion of successful real estate transactions.

Our Commercial Services Division offers and provides our clients with high quality representation services in the leasing, acquisition and disposition of Industrial and Office Properties, Retail Plazas and Investment Property. Northeast Property Group is committed to providing the highest level of service while adding value to our buyer/tenant representation clients. When the time comes to acquire a new facility, we will consult with you to gain a complete understanding of your business and the factors that are crucial to your move.

We will survey the entire market place based on criteria developed in working with you to identify all the properties available to you. At the core of our successful acquisition strategy is our ability to create competition amongst sellers and landlords for your business. Through our confidential negotiation process and our sophisticated analysis techniques, we will deliver acquisition terms that are best for your needs in a format that is easy to understand.

Best of all, when providing buyer/tenant representation services, we look to the seller/landlord to pay for our fees, so often there is no cost to you. In fact, your company will save money by keeping its resources focused on what you do best, running your business.

The professional brokers at Northeast Property Group have in depth experience in the marketing of commercial real estate throughout the region. Whether you are looking to sell, lease, or sublease space, we will develop a marketing strategy that is goal oriented to meet your specific needs and designed to maximize value.

Our Residential Services Division provides traditional services for home sellers and buyers. The focus in this business sector is to utilize the modern methods now available to the residential property practitioner and enhance our capabilities to provide superior service. We provide our agents with laptop computers and high speed wireless internet communications to access data quickly and conveniently. We proactively seek internet based initiatives to assist our agents to excel. Our Residential Team has created and is growing our latest venture, Condo4Sale.com, a specialized marketing tool for the condominium seller and a clearing house of condominiums for the condo buyer.

Dedication to our clients through all phases of the real estate transaction process.

Market Information:

Location and Population

Southeastern Connecticut /Southern Rhode Island are strategically located between New York, and Boston, the two major marketplaces of the Northeast. 150 Million people, one third of all United States manufacturers, and two thirds of Canadian manufacturers are located within 500 miles of the region.

New London County has a population of approximately 250,000 persons. The County is made up of 11 cities and towns stretching along the shoreline from the eastern shore of the Connecticut River to the border of Rhode Island and north to, the terminus of the Thames River in Norwich. The southern Rhode Island area adds approximately 50,000 persons to the population total.

Transportation

The deep water Port of New London recently reopened the State Pier after major renovations. The Port includes an International Free Trade Zone, spurring interest in the New London area as an international trade port. In addition the port hosts ferry service to Eastern Long Island and surrounding destinations.

The region is served by both Amtrak, with stations in both Westerly and New London, and Shoreline East rail passenger service to New Haven. Groton/New London Airport hosts US Airways Express and several regional carriers.

Economy

The Southeastern Connecticut/Southern Rhode Island area is a diverse marketplace that has been commonly known as having its primary economy dependent upon manufacturing and defense contracting. The major Industrial employers in the region historically have been General Dynamics, Pfizer, Dow Chemical, Northeast Utilities, and US Naval Submarine Base. Casino Gaming with associated entertainment and hotel venues has become a major employment source in Southeastern Connecticut. It is estimated that a total of over 20,000 persons are now employed. Other large non-industrial employers include Computer Sciences Corporation and the region’s three major hospitals, Lawrence & Memorial, William Backus, and The Westerly Hospital.

Pfizer has recently completed a major expansion, including a new Central Research Facility. The project included the creation of 2000 new jobs located in a new 500,000 square foot research building in Groton and a 790,000 square foot office complex on a 24 acre site in New London.

The Tourism Industry is enhanced by the growth of the two casinos, the recent renovation and expansion of the Mystic Marine aquarium, and the popular Mystic Seaport.

Persons moving into the region from other areas are filling many new jobs created at the Casino Resorts and Pfizer. The expansion at Pfizer demands a national and international personnel search for qualified scientists and professionals. Companies that provide services to the growing industries are appearing in the market adding ancillary employment and office and industrial property use.

To Our Valued Clients:

With many media outlets are reporting that this winter’s first blizzard could bring up to 2 feet of snow for most of Connecticut and be in the top 5 worst blizzards on record, we would like to assure you that we are preparing staff and vendors to handle the snow as efficiently as possible. More importantly, we wish you to stay warm and safe by staying off the roads and ensuring you have adequate supplies at home to ride out the storm. Many utility companies are warning it’s customers to be prepared in the event there are prolonged power outages, which means warm clothing, water and food are important to have on hand. If you do lose power, be sure to report it to your utility immediately. As of 11AM, the National Weather Service is recommending vehicles stay off the road beginning Monday night and throughout the day Tuesday. The state is also activating its emergency operations center at 4 p.m. today, Monday. Emergency numbers are below.

With the likely chance that highways will be closed due to this historic storm, the Northeast Property Group offices will be closed for portions of the day Tuesday, however our answering service will be prepared to receive your calls that are urgent. All routine messages can be left in our general mailbox which will be checked remotely throughout the day. We also recommend emailing your property manager any concerns. All emergency calls, including loss of power, should be sent directly to the utility or to 911.

As your management company, our staff is already working diligently to provide the best possible service to our clients. All managers have been taking appropriate precautions and have been in contact with our snow removal contractors to establish lines of communication and protocols. The best advice at this time is remain in your home and avoid driving. All crews will be working overtime to keep roads clear as best they can, but in reality cleanups will be taking place well into Wednesday and Thursday. You patience and understanding are appreciated.

On behalf of Northeast Property Group, stay warm and be safe. More information will be available on our blog here: http://www.neproperty.com/latest-news/blizzard-january-26-2015/

Emergency Info:
For information on emergency disaster services including shelters, please contact the Connecticut American Red Cross by dialing 877-287-3327 or online at www.ctredcross.org , and, for non-emergency services, please contact 2-1-1 by dialing 2-1-1 or online at www.211ct.org.