News: Retail

Cromwell AAA Self Storage celebrates fifth year anniversary

Cromwell AAA Self Storage has nearly 400 fully insulated individual storage bays or units totaling nearly 50,000 s/f. The facility has both climate controlled and non-climate controlled units. The property is spread out over five acres with five single story storage buildings and an office building used for customer service, sales, marketing, storage supply and moving materials, and property management. In an effort to say thank you to the community, Cromwell AAA Self Storage is offering a special program to all customers who establish a new storage account during the months of April and May 2009. They will receive their second month's rent free. In addition, as Cromwell AAA serves a particular niche of being the storage facility of choice for pharmaceutical and other manufacturers' representatives based in central Connecticut, there will be numerous specials run through the balance of the calendar year 2009, with respect to these new accounts. "We are thankful to the community to be able to celebrate five years of operations," said founder Brian Callahan of Old Westbury, New York.
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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