News: Front Section

Aho of O’Brien Commercial Properties brokers $1.775m in sales

Taunton, MA Joel Aho of O’Brien Commercial Properties, Inc. represented Sweeney Properties Myles, LLC in the purchase of the property at 725 Myles Standish Blvd. for $1.25 million. The 11,250 s/f building is located on 2.5 acres near the entrance of the Myles Standish Industrial Park. The buyer will utilize part of the building for an expansion of his business, and the rest of the building is leased out to an adult day care operation.

Joel Aho of O’Brien Commercial Properties, Inc. Joel Aho, O'Brien Commercial Properties

In addition, Aho represented Sweeney Properties Harvard, LLC in the purchase of the property at 202 Ayer Rd. in Harvard, Mass. for $525,000 (a trailer and some equipment were also included in the sale). The 5,200 s/f building is located on 3 acres that are near the junction of Ayer Rd. and Rte. 2.

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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