CBRE brokers three new leases for Synergy at 211 Congress
Synergy Investment & Development has executed three new leases totaling 13,000 s/f at 211 Congress St. 6,483 s/f was signed with Gerson Lehrman Group. Synergy was represented by Jon Freni of CB Richard Ellis, while Kevin Kennedy, also of CB Richard Ellis, represented the tenant. Two subsequent leases were to Oxford International for 3,340 s/f, and to RLA Associates for 3,143 s/f. Synergy was represented in both these transactions by CB Richard Ellis' Kevin Kennedy and Jon Freni. James Topper of CresaPartners acted on behalf of Oxford Int'l., while Matt Godoff and Jason Cameron of Grubb & Ellis represented RLA Assoc.
Purchased by Synergy in 2006, 211 Congress St. is located in the heart of Boston's Financial District at the corner of Congress and High Sts. Near the intersection of I-90 and I-93, the eleven-storey building is just minutes from three MBTA lines and the Commuter Rail and Amtrak services at South Station
New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
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