News: Front Section

Burgess Properties Inc. leases 203,000 s/f at Clock Tower Business Center to Kettle Cuisine

Burgess Properties Inc. has brokered one of the largest industrial deals in Greater Boston this year. Kettle Cuisine has signed a 15-year lease for 203,000 s/f of manufacturing, warehouse and distribution space at the Clock Tower Business Center on the Lynnway. Currently based in Chelsea, Kettle Cuisine will be relocating its entire operation to Clock Tower Business Center by early 2014. In 2012, Kettle Cuisine entered into a partnership with the Arlon Food and Agriculture Investment Program (Arlon Capital Partners). Through this partnership, Kettle will be expanding its markets while maintaining its core food and business philosophies. The new facility will provide both the capacity and readily available labor pool to meet those growth goals. Phillip Burgess, president of Burgess Props. was the sole broker. Founded in 1997, Burgess Properties is one of Greater Boston's premier suburban full-service commercial brokerage firms specializing in the sale and leasing of office, industrial and other commercial properties.
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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