News: Front Section

Campanelli, DTZ FHO and Atlantic Retail sign 24,097 s/f lease to TWCU

Campanelli Companies, DTZ FHO Partners and Atlantic Retail have signed the Telephone Workers' Credit Union (TWCU) for 24,097 s/f in Building One of the Granite Woods Corporate Center. TWCU will be occupying portions of the first and second floors and consolidating office operations from the South Shore Plaza and downtown Boston locations. Granite Woods is located at the intersection of Rtes. 128, 93 and 3, next to the South Shore Plaza. "Bringing together DTZ FHO's office leasing and marketing expertise and Atlantic's retail leasing savvy has been extremely valuable in achieving the full lease-up of this building to a great mix of tenants," said Peter Brown, director of leasing at Campanelli Cos. The leasing team for Granite Woods consists of Sean Teague, Tom Kent and Leeanne Rizzo of DTZ FHO for the office space and Jim Bagley of Atlantic Retail for the retail space. Jim Elcock, Ted Chryssicas, Jonathan Martin and Dave Goodhue of Colliers Meredith & Grew represented the TWCU. "350 Granite St. has been a very active building, in terms of new leases and overall interest from tenants," said Teague.
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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