News: Front Section
Posted: January 12, 2012
Brewer of Greater Boston Commercial Properties arranges 13,058 s/f lease
August Brewer, of Greater Boston Commercial Properties (GBCP), recently completed an industrial lease of 13,058 s/f at 150 Cordaville Rd. GBCP was initially engaged by the current tenant, MetroWest Gymnastics, to sublease the space for which there was just under three years left on the term. In less than 60 days GBCP secured a 5- year deal for the owner of the building, 150 Cordaville Road LLC, with the new tenant, Inside Playground LLC.
This new deal resulted in the release of MetroWest Gymnastics from its existing lease on the building. Inside Playground took occupancy on January 1st, and look to open its doors soon after that. This is an expansion for the tenant who is opening its second location, the first of which is located in Watertown. Both facilities will use the same business model of providing an indoor recreational space for children.
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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
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
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 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