News: Front Section

ContiTech Thermopol leases 91,577 s/f at Brady Sullivan Technology Park

ContiTech Thermopol Inc. has moved into its new home in the Brady Sullivan Technology Park at 35 Industrial Way. The silicone rubber hose manufacturing company now inhabits 91,577 s/f of Brady SullivanProperties' business complex. "ContiTech is a perfect fit for the Brady Sullivan Technology Park," said Charles Panasis, director of commercial real estate at Brady Sullivan Props. "This property was originally owned by a manufacturing company, so we're excited that this division of the multinational corporation has decided to remain in the seacoast region and become our largest tenant at this property." With its more than 90,000 s/f footprint, ContiTech is the real estate development company's largest seacoast tenant. The company joins the Strafford County YMCA, eCoast Sales Solutions, Granite State College, and Radianse at the Technology Park. Brady Sullivan Props. took ownership of 35 and 35E Industrial Way in 2005. It had previously served as the campus for Cabletron - the manufacturer of networking computer equipment. Since then, the Manchester-based real estate company has managed, tenanted, and customized the more than 210,000 s/f complex to fit the needs of companies in New Hampshire's Seacoast region.
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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