News: Retail

5 Wits plans two new adventure experiences at Patriot Place

Patriot Place and 5 Wits, the company behind the TOMB in Boston, plan to open two fully-immersive interactive adventure experiences, Espionage and 20,000 Leagues, at the 1.3 million s/f shopping, dining and entertainment destination. Both adventure attractions are scheduled to open in spring 2010 in Patriot Place's north lifestyle center, located adjacent to Gillette Stadium. "5 Wits is very excited to make Patriot Place the home for our two newest and most ingenious adventures yet," said Matthew DuPlessie, president of 5 Wits. "These one of a kind experiences will give your family the opportunity to be the hero - a secret agent or a deep sea explorer - in a way you just can't recreate in a movie or video game. This is real adventure." The hour-long, interactive walk-through adventures will transport guests into fantastic worlds using Disney-caliber set design and special effects. Guests must work in groups to complete a series of puzzles, riddles and tasks. Each decision made by the group affects the storyline and outcome, making the experience different with each visit. The two adventure attractions will be the latest additions to Patriot Place's varied entertainment offerings which include the award-winning Hall at Patriot Place presented by Raytheon, a state of the art, 14-screen Cinema de Lux, the first Showcase Live entertainment venue and the 32-acre Nature Trail and Cranberry Bog at Patriot Place.
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Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary