News: Front Section

Century Investment Co. arranged five new leases totalling 15,000 s/f in West Springfield and Palmer

Century Investment Company of Springfield has signed on five new tenants for properties it owns and manages in West Springfield and Palmer, according to Andrew Cohen, owner and general manager. The five leases total more than 15,000 s/f. IntegriScript, a Long Term Care pharmacy, has opened its newest production and administrative facility in 6,115 s/f at 95 Ashley Ave., West Springfield. The company is affiliated with Berkshire Health of Pittsfield. Elsewhere in West Springfield, Lincare has leased 970 s/f of office at 181 Park Ave., part of the Century Park professional center. Lincare is joined by a second new tenant at that address, attorney James Kellam. Two new tenants are also opening at Depot Plaza in Palmer. Vantage Sports and Rehab has opened in 2,150 s/f at the North Main St. center, soon to be followed by a 5,500 s/f clothing store operated by Goodwill Industries.
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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