News: Front Section

Blue Stream Labs. leases 12,500 s/f of office/lab space from Cummings Properties at 8 Henshaw Street

Blue Stream Laboratories will relocate from Cambridge to Cummings Properties' 8 Henshaw St. this month. The 12,500 s/f facility offers a combination of office, light manufacturing, and lab space. Blue Stream is an advanced analytical laboratory that provides mass spectrometry services to the biotech industry. Founded in 2006, the firm spent its first two years working out of a 3,400 s/f space at 10 Roessler Rd., another Cummings Properties' building. "We work with a lot of startups, and it's always exciting to see them grow and succeed like Blue Stream has," said Rob Yacobian, a leasing director with Cummings Properties. "We are delighted to have this firm back with Cummings, and we think it will be a great addition to Woburn's vibrant biotech cluster." Yacobian worked with Matt Siciliano of CBRE on the lease. Blue Stream Laboratories is a modern, client-driven, contract analytical, formulations and development-support laboratory serving the biopharmaceutical and biotechnology industries. The company specializes in advanced analytical testing in support of product characterization, lot release, and stability programs required for pharmaceutical and biopharmaceutical development. Cummings Properties' 10 million s/f portfolio of prime space accommodates executive offices, healthcare facilities, laboratories, retail storefronts, industrial space, and more. With a portfolio of this size and variety, the firm can meet almost any commercial real estate need, from 150 s/f to 300,000 s/f. Its in-house experts in design, construction, and property management offer "one-stop shopping" for leasing clients.
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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