News: Front Section

Alvarado of Parsons Commercial Group brokers 12,202 s/f lease to Hopkinton Health Center

Marci Alvarado, vice president at Parsons Commercial Group, represented Hopkinton Health Center (HHC) in a new lease at 25 South St. for 12,202 s/f. HHC is a geriatric and adult day care center. They offer health supervision and nursing for elderly and other adults needing short term medical services, like physical therapy and rehabilitation services. HHC is planning to open sometime late January or February 2014. 25 South Street is a 54,000-square foot, office, flex and R&D building well located directly off I-495, one exit south of the Mass Pike. The landlord, 25-45 South LLC was represented by Victor Galvani of Parsons Commercial Group. Parsons is a leading provider of commercial real estate services. including, tenant and landlord representation, investment sales, property and asset management, development and construction management, advisory and distressed asset advisory services. In addition, they administer individual medical services based on primary care providers' orders. Each patient has a Plan of Care designed to promote both physical and mental health. Their geriatric program offers specific services including: acting as a liaison to families at a distance, offering counseling and support as well as entertainment and cultural events.
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Ask the Electrician:  How do I prepare my commercial building for a disaster?

Ask the Electrician: How do I prepare my commercial building for a disaster?

New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
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