Amper of Capstone Props. and Barry of CBRE close $1.75 million sale
Neil Amper, SIOR of Capstone Properties and Tom Barry of CB Richard Ellis have sold the former Building 19 Facility located at 625 Narrgansett Park Dr. to VCI Realty.
The buyers will utilize the
The 111, 821' building for a warehouse. The asking price was $1.75 million. Barry represented the buyer and Amper represented the seller.
Capstone Properties is a leader in the Real Estate Services Industry in New England, having served the region for the last 22 years.
Their principals bring over 100 years of collective experience in the marketplace.
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 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!
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 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