News: Front Section

Alvarado of SVN | Parsons Commercial Group completes
$1.7 million office/medical building sale

Marci Alvarado

Waltham, MA SVN | Parsons Commercial Group | Boston has completed the sale of an 8,500 s/f office/medical building on approximately one third of an acre at 42 Weston St. to A-Trac Computer Sales & Services for $1.7 million. 

Senior advisor, Marci Alvarado of SVN | Parsons Commercial Group | Boston represented the seller, Research Realty, LLC. Jordan Berns and Tyler Capecci of 128 CRE represented the buyer, A-Trac Computer Sales & Services, in the transaction. 

The buyer will be moving from their current location on Second Ave. into the majority of 42 Weston St. later this year. According to one of the owners, the property’s location and access to major routes was one of the reasons they purchased it. In addition, the ability to occupy the space for their own needs was a key deciding factor. 

42 Weston St. is situated on Rte. 20 and is located one mile from I-95 and 3.2 miles from the Mass. Tpke. 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
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