Catlin, LeClair and Doorakian of Boston Realty Advisors complete 13,402 s/f in leases
The Boston Realty Advisors (BRA) team of Wil Catlin, Robert LeClair and Bonny Doorakian completed two lease transactions totaling 13,402 s/f on behalf of the ownership at 90 Canal St. in the city's North Station neighborhood bringing the building to 99% leased. CBRE/New England's Peter Conlin represented UP Education on an expansion and extension and Avison & Young's Jack Kerrigan, Justin Dziama and Virginia Kerrigan represented Boston Cares with the company's relocation to the building.
"Up Education and Boston Cares are tremendous nonprofit organizations making a big difference in our community. Ownership is excited to be part of the growth and success of both organizations," CEO of Vantage Deluxe World Travel and principal of 90 Canal St. LLC, Henry Lewis said.
90 Canal St. is a 78,000 s/f office building located in the North Station's Bulfinch Triangle. The building is the World Headquarters of Vantage Deluxe World Travel.
Boston Realty Advisors downtown Boston brokerage team specializes in tenant representation, landlord representation, and corporate advisory services. In the tenant representation capacity, they assist tenants with new space acquisition, renegotiation of existing leases, space disposition, strategic planning, and lease auditing. For landlord representation, Boston Realty Advisors offers institutional and private ownership groups sophisticated, value adding, technology-driven services including marketing, reporting and strategic planning.
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