News: Retail

Boylston Realty named agent for 50,000 s/f Walnut Place Shop. Ctr.

Boylston Realty Advisors was recently appointed to represent the owners of Walnut Place. Walnut Place Shopping Center is a 50,000 s/f Applebee's anchored retail center located on Rte. 1 with direct access via the Walnut St. crossover. The façade is being totally redesigned and renovated by Channel Building Company and is expected to be completed soon, giving Walnut Place a new shopping center appearance. The center has both in-line and end cap spaces available, with the end-cap offering direct exposure to over 104,000 vehicles per day. Boylston Realty is currently seeking tenants looking for 1,400 to 12,000 s/f of space. The 2.5 acre parcel for development offers direct access to Walnut St., and there are plans to rework that access by installing a traffic signal and modifying the roadway. Along with Applebee's, Walnut Place tenants include national brands such as AAA, Weight Watchers and H&R Block.
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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