Conrad and McEvoy of The Conrad Group, Inc. handle 28,465 s/f lease for Foxrock Properties
The Conrad Group, Inc., exclusive leasing agent for Longwater Place, has completed a 28,465 s/f lease to Energy Services Group, Inc.
Longwater Place, a two building office complex consisting of 320,000 s/f, is located in Assinippi Park. The property was acquired in 2010 by Foxrock Properties from Warguard Inc., a subsidiary of Aramark Industries.
Foxrock Properties renovated the existing 240,000 s/f building and constructed a new 80,000 s/f medical building. Presently the complex is 98% leased.
Energy Services Group is relocated from Rockland and was represented by Tom Powers of Jones Lang LaSalle. Bob Conrad and Jim McEvoy of The Conrad Group are the exclusive agents for Foxrock Properties.
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 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