News: Northern New England

Brady Sullivan Props. negotiates 4 leases totaling 23,899 s/f

Brady Sullivan Props. recently completed a renewal and expansion with their current tenant, Amoskeag Auction Co. Inc. at the Waumbec Mill. This lease transaction consisted of 16,785 s/f, located at 250 Commercial St. Amoskeag Auction Co. added an additional 6,780 s/f as they expanded into a newly developed space within the building. At 1750 Elm St. Exeter Finance Corp. has leased 1,951 s/f of Class A office space. The tenant was represented by Jim Mongomery of the Swearingen Realty Group, LLC. Albert Drukteinis, MD, J.D. has opted to extend his lease at 1750 Elm St. for 1,382 s/f of office. Current tenant, RBC Capital Markets Corp. has signed a long term extension at 1750 Elm St. for 3,781 s/f of Class A office space. 1750 Elm st. was built in 1972 and is close to all major highways. The commercial team at Brady Sullivan Prop. represented the landlord.
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Ask the Electrician:  How do I prepare my commercial building for a disaster?

Ask the Electrician: How do I prepare my commercial building for a disaster?

New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
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