News: Front Section

Bradbury of CLW Real Estate Services Group represents OneBeacon Insurance Company in 188,857 s/f lease

CLW Real Estate Services Group (CLW), a full-service commercial real estate advisory firm, completed a 188,857 s/f lease on behalf of OneBeacon Insurance Company at 150 Royall St. The Shaw Group, a Fortune 500 company with 27,000 employees around the world, serving the energy, chemicals, environmental, infrastructure and emergency response industries, will join OneBeacon who will continue to occupy the balance of the facility, which they currently own. The lease eliminates the entire vacancy at 150 Royall St. marking the rapid completion of a leasing initiative that began in January of this year. "The location, quality of the building and willingness of OneBeacon's team to be thoughtful and creative put 150 Royall St. at the top of the list of options for tenants searching for large blocks of space. We are pleased that Shaw selected our building as their next Mass. based home," said Rich Bradbury, principal at CLW who handled the assignment for OneBeacon. Andy Majewski, Steve Clancy and Rachel Marks of CB Richard Ellis New England, represented The Shaw Group in the lease. Bradbury of CLW represented OneBeacon as the exclusive leasing agent. About CLW Real Estate Services Group CLW Real Estate Services Group is a national privately-held company providing a full spectrum of commercial real estate services, including multi-market tenant representation, asset management, project and construction management, investment sales, development and consulting services to institutional 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