News: Front Section

CBRE Capital Markets arranges $4.2 million in financing for Nielsen

CB Richard Ellis's Connecticut/Westchester office arranged $4.2 million in permanent financing for three of the seven buildings in Thorndal Circle Office Park, comprising of 79,600 s/f. Bill Catanzaro of CBRE Capital Markets arranged the financing on behalf of The Nielsen Co. with Allstate Investments, LLC, an exclusive correspondent. The three contiguous office buildings are located at 1, 22 and 28 Thorndal Circle. Building 1 is a two-story office building containing 30,000 s/f. Both buildings 22 and 28 are three-story structures totaling 49,600 s/f of office space. Building 28 was recently vacated by Colangelo Synergy Marketing. The second floor, totaling 13,321 s/f, has been leased by Guggenheim Partners, while the remaining first and third floors have seen an increase of interest from tenants.The three building are currently 63% occupied. Nielsen Co. owns all of the buildings encompassing 157,000 s/f.
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Ask the Electrician:  How do I prepare my commercial building for a disaster?

Ask the Electrician: How do I prepare my commercial building for a disaster?

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 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