News: Front Section

Combined Properties renews 23,634 s/f lease with Steele Canvas Basket

According to Combined Properties, Inc., Steele Canvas Basket renewed its 23,634 s/f lease at 201 Williams St. Steele Canvas Basket, established in 1921, manufactures products for both industry and the home, specializing in canvas and polyethylene baskets (bins), trucks (buggies), hampers, and canvas bags. The company has been at its 201 Williams St. since 1986 and is one of the building's major tenants. "The property's amenities, competitive pricing, and proximity to the airport, Cambridge, and downtown Boston are key factors for many tenants," said Combined's Greg Regazzini, vice president and director of leasing. "We're proud that Steele Canvas has been with us for 25 years and that our property has supported this local company's success for the past quarter century." Regazzini represented Combined and the tenant was represented by counsel. 201 Williams St. is part of is a 250,000 s/f industrial center owned and managed by Combined. Conveniently located in the shadows of the Tobin Bridge, the building offers direct access to Boston/Rte. 1 and is just five minutes to Logan International Airport. The industrial complex has additional warehouse spaces available, some with generous refrigerated areas, which is a valuable asset in this food-centric area. Combined Properties, Inc. is a full-service investment and development real estate firm specializing in first-class office, R&D, industrial, retail, medical, and multi-family residential properties in communities north of Boston. The Malden-based firm has purchased, developed, and managed more than 2.6 million square feet of space. With in-house experts in planning, permitting, development, architecture, financing, construction, leasing, and property management, our professionals work as a team to provide complete real estate solutions. To learn more about the firm's comprehensive scope of services and how it is creating better places to live and work, please visit www.combinedproperties.com. ###
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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