Angel of Angel Commercial LLC brokers 11,000 s/f lease to Floor Shore
Jon Angel, president of Angel Commercial LLC, leased 11,000 s/f of warehouse and office space at 320 Quarry Rd. to Floor Shore, Inc.
"This property, formerly occupied by ProSource flooring company, has the perfect balance of warehouse and office space, combined with the accessibility to I-95, making it the ideal location for Floor Shore's new distribution center," said Angel, who represented both the landlord, Greenpoint, LLC, and tenant in the lease negotiations.
Floor Shore, Inc. has multiple national locations through its affiliation with ProSource. As a wholesale flooring company, it offers a range of flooring options, including carpeting, vinyl tile, ceramic tile and natural stone floors, all available to trade professionals.
Robert Gregory, Milford's development director, said, "We welcome Floor Shore to our busy and growing business community. Milford's location provides many benefits to expanding businesses and we have a variety of available space to accommodate them."
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