Cooney of NAI Hunneman brokers 7,500 s/f lease at Prudential Center
NAI Hunneman has brokered a 7,500 s/f office sub-lease on the 39th floor of the Prudential Center.
David Cooney, an associate at NAI Hunneman Commercial, represented the tenant, Orthofix, a global diversified orthopedic products company. Tom O'Regan of Richards Barry Joyce & Partners (RBJ) represented the sub-landlord, Gillette, in the sub-lease.
"The state continues to attract new and progressive medical companies, further developing its reputation as a global leader in the medical industry," said Cooney. "This deal is an excellent fit for our client as the location provides them with convenient access to transportation, restaurants and amenities."
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