Aron of Metrowest Commercial Real Estate arranges two sales in Ashland, Mass. totaling $880,000
Marlene Aron of Metrowest Commercial Real Estate arranges two sales totaling $880,000. 33 West Union St., a 5.05 acre site, with 380' frontage on Rte. 135, has been sold for $490,000. Aron represented the sellers and Keith Shapiro of Realty Executives represented the buyer, who will continue to operate the Idle Dog Kennel on site.
Aron said, "The site had no residential abutters and being over 5 acres the use was allowed by right in Ashland."
The second sale was a 20,000 s/f lot on Rte. 126 at 190 Pond St. The sale was subject to permitting for a new Dunkin Donuts location. Attorney Michael Healey of Holliston represented the buyer. Aron represented the seller and Dustin Burke of American Commercial represented the buyer for the $390,000 sale.
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