News: Front Section

Borus of Glickman Kovago brokers 8,544 s/f lease at 288 Southbridge

Glickman Kovago & Co. has brokered a lease agreement between Incom, Inc. and Millennium Power for the property located at 288 Southbridge Rd. Millennium Power has leased the 8,544 s/f building on two acres of land. The property, formerly the Patriot Chrysler Dealership, is located on Rte. 169. Incom, Inc., was founded in 1971 in Southbridge, Mass., by Wilbur Hicks, the innovator and pioneer who founded the fiber optic industry. Incom is the largest provider of commercial fiber optics in the world, serving the manufacturers of leading edge instruments and systems using fused fiber optics. Millennium Power Partners (MPP) manages the operation of the Millennium Power Plant. Jeff Borus was the sole broker in the transaction.
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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