News: Front Section

Collins Commercial leases 60,000 s/f and sells $1.839m over past 2 months

Collins Commercial has leased nearly 60,000 s/f over the past two months. At 1 Father DeValles Blvd., Bristol Elder Services has leased 18,454 s/f for ten years and Department of Mental Retardation has leased 5,975 s/f for five years. Mattuchio Construction has leased 5,500 s/f for one year at Front St. Parsons has leased 2,400 s/f for 5 years at 565 Commerce Dr. and will do secondary automobile inspections. And, Tees Plus will be leasing over 21,500 s/f for ten years at 599 Commerce Drive. Morning Star has leased 6,036 s/f for four years at 1135 GAR Highway, Somerset and will move the store from Seekonk to the prior Salvation Army store. In sales, Collins has closed on over $1.839 million. 22 Boomer St., a mixed-use business/residence, 2,300 SF on 10,105 s/f lot for $387,000; 1075 Airport Rd, Fall River, 30,000 s/f on 3.38 acres for $1.4 million; and ¾ acre of land sold by Jackson Co., Inc. for $52,250. Kelly Collins assisted in all of these transactions.
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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