News: Spotlights

Carroll, Goodhue and Dolan of Colliers Meredith & Grew represent Altra Industrial Motion in 13,804 s/f lease

Altra Industrial Motion, Inc. has executed a new 13,804 s/f office lease to relocate its headquarters from Quincy to 300 Granite St. The move is planned for November. The Colliers Meredith & Grew team of John Carroll III, David Goodhue and John Dolan III represented Altra Industrial Motion in the transaction. The landlord, Sun Life Assurance Company of Canada, was represented by J. P. Plunkett of Cushman & Wakefield. Built in 1985, 300 Granite St. is a four-story 89,466 s/f Class A office building located at the intersection of Rtes. 128/93 and 3, adjacent to the South Shore Plaza. The location provides access to numerous restaurants, hotels, and retail amenities. "Colliers Meredith & Grew is pleased to have helped Altra Industrial Motion find a new headquarters location," said Dolan. "300 Granite St. provides Altra the ability to update its facilities to this Class A asset and serve its employees well with terrific highway access and a solid amenity base."
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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