News: Front Section

Canzano of Cummings Properties negotiates 5,000 s/f at 144 North Rd.

Walden Wellness, LLC has signed a lease for 5,000 s/f of build-to-suit office space at 144 North Rd. Kevin Hunt, owner of this new wellness center, worked directly with Cummings Properties leasing agent Rich Canzano throughout the search and design process. Walden Wellness, expected to open its doors in October, will offer yoga, massage, acupuncture, nutrition services, and personal training and coaching. The abundance of green space at 144 North Rd. will allow the wellness center to offer outdoor fitness programs as well. Hunt appreciates the building's energy efficient design and construction, which result in lower utility costs and improved air quality and lighting. "The environment is important to us, and so the building's LEED construction was a big draw," said Hunt. Cummings Properties has a portfolio of nearly 10 million s/f of commercial space in 10 communities surrounding Boston.
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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