News: Front Section

Anderson of Cummings Properties hosts 20 Chinese delegates tour

On December 5th, Cummings Properties hosted a delegation of venture capitalists, commercial developers, and government officials from China at TradeCenter 128. The 20-person group had traveled from Shanghai to learn about practices in "business incubation," the nurturing of startups and small businesses. Additional stops on its U.S. visit included Boston, New York City, and Washington, D.C. To provide a close-up look at a facility designed to support and foster entrepreneurship, Cummings Properties executive vice president Eric Anderson met with the delegation at Launch, a co-working space featuring shared desks, "idea walls," and free WiFi in a wide-open office. Anderson also led a tour of Cummings Executive Suites, which provides fully furnished offices and shared workplace amenities for small businesses. Anderson is the founder of Massachusetts Association of Business Incubators, whose mission is to enhance awareness of business incubation programs in the Commonwealth, and assist these programs in sharing experiences and exchanging referrals.
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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