News: Front Section

Caron of Stebbins Commercial Properties sells 8.07 acre site for $110,0000 to Hidden Green Properties, LLC

Deanna Caron, senior broker with Stebbins Commercial Properties, Inc. has sold a second tract of land located on Reservoir Rd. The 8.07 acre parcel was sold for $110,000. The seller was AMD Holdings, Inc. and the buyer is Hidden Green Properties, LLC, a division of the Winnipesaukee Playhouse presently located in Laconia. The Playhouse will be using the land for overflow parking for their new location. Their plan is to develop a "theatre campus" at the site of the former Annalee Doll factory and retail store. Plans include increased seating capacity in the new main theater, as well as, many amenities such as expanded concession and bathroom facilities, outdoor performance space, eating area and nature trail. The Playhouse plans to move to the site once fundraising is complete. Caron represented the seller and assisted the buyer.
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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