Capital Commercial Real Estate brokers 4,590 s/f for Sullivan Tire: Faye represented landlord and procured tenant
Capital Commercial Real Estate, LLC brokered a long-term lease agreement between Sullivan Tire Company, Inc. and Drive-In Development Corp. Sullivan Tire plans to renovate an existing 4,590 s/f free-standing property at 690 Bridge St., Rte. 3A, and open for business this fall.
Ellen Faye of Capital Commercial who represented the landlord and procured the tenant, Sullivan Tire, stated that the site is ideally located just north of the Hingham Shipyard and adjacent to Riverway Plaza, with anchor tenants Lowes, Staples, CVS and Michaels. Faye stated that the prime location and daily traffic of 38,000 vehicles is ideal for the Sullivan Tire brand, well known for their complete automotive services and customer service since 1955.
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 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!
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 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