News: Front Section

Aron of Metrowest Commercial Real Estate completes three sales - $1.198m

According to Metrowest Commercial Real Estate, Marlene Aron has sold three properties: *85 Edgell Rd., Framingham - A historic antique building that was used as a group home has sold for $668,000 to a religious order. *11 Cherry St., Southboro - A two family, has been sold to an investor/builder, who Aron represented. The buyer will renovate the property and keep it for investment. The purchase price was $180,000. *512 Sudbury St., Marlboro - a licensed group home, has been sold for $350,000 to a non-profit agency, who will use the property for a similar use. Aron said, " The volume of commercial sales in the Metrowest area for the first quarter of 2010 has been way down, but special use properties and investments such as rehab properties are still in demand."
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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