News: Front Section

Carroll, Daniels, Zieja and Demakes of Colliers M&G broker 4 leases

Representing landlord Equity Office, the Colliers Meredith & Grew team of John Carroll III, Matthew Daniels, Elias Demakes and Michael Zieja has negotiated four leases totaling 25,796 s/f at New England Executive Park. TD Banknorth renewed its 7,286 s/f lease at 7 New England Executive Park and was represented by Richard Sahakian of CB Richard Ellis/New England. Expressor Software Corp. signed a 7,269 s/f lease for its headquarters at 1 New England Executive Park and was represented by David Campbell of The Codman Co.  Xinnovation, Inc. and Kelly Services, Inc. also executed leases at 1 New England Executive Park for 6,313 and 4,923 s/f, respectively.  Xinnovation was represented by James Halepis of UGL Equis and Kelly Services was represented by Debra Stevens of The Stevens Group. New England Executive Park is a 10-building office park on 56 acres totaling more than one million s/f of class A office space.  The property is 12 miles from downtown Boston and is close to Rtes. 128, 3 and 93.   Amenities include fitness facilities, food service, day care and on-site management. There are also nearby amenities including restaurants, shopping centers, banking, and hotels.
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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