News: Front Section

Calare Props. acquires 40,500 s/f office prop. on 2.5 acres in Framingham

Framingham, MA Calare Properties has acquired a centrally-located boutique office property at 30 Speen St. Totaling 40,500 s/f, the five-story building sits on 2.5 acres. The asset benefits from highway frontage and signage along the Mass Pike (I-90), offering corporate brand visibility in a thriving office market. This location also provides access to multiple commuting routes, as well as amenities for dining, shopping, and entertainment.

Delivered vacant following the move of a long-term owner/tenant, the property features parking and flexible space ideal for a wide range of users. Calare will enhance the asset through a capital improvement plan. 

Calare has partnered with CBRE for property leasing.

“30 Speen presents an ideal long-term investment opportunity that perfectly complements Calare’s strategy, targeting quality assets in high-demand markets with easy access to major highways,” said Bill Manley, CEO at Calare. “We anticipate tenants will also appreciate the unique attributes of this property, as already experienced during preview tours.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
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