News: Front Section

Carl and David Burwick of NAI Glickman, Kovago, and Jacobs arrange 15,000 s/f lease at 99 Hartwell

99 Hartwell Street - West Boylston, MA 99 Hartwell Street - West Boylston, MA

West Boylston, MA United Parcel Service (UPS) recently signed a 7 year lease with options to occupy 15,000 s/f at 99 Hartwell St., that began on May 1. UPS will use the property as a regional facility for driver training and education. The landlord renovated the space to suit UPS needs, including an office, classroom, high bay 20-28 ft clear training area, and a 1 acre outdoor driving course. There is an additional 15,000 SF space still available that the landlord will renovate to suit the prospective tenant’s needs. UPS, the tenant, was represented by Brian Pinch from Jones Lang Lasalle and 99 Hartwell LLC, the landlord, was represented by Carl and David Burwick from NAI Glickman, Kovago, and Jacobs.

NAI Glickman Kovago & Jacobs is a leading, full-service commercial real estate brokerage and tenant representation company based in Worcester, MA. Their specialized office focuses on office, industrial, retail, investment, commercial, land and multi-family properties.

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