News: Front Section

Cummings Properties signs Joule Unlimited to 7,000 s/f at 1-B Gill Street

Joule Unlimited, Inc., a producer of renewable fuels from sunlight and waste CO2, has signed a lease for 7,000 s/f of lab space at 1-B Gill St. to supplement its current headquarters location in Cambridge. According to Cummings Properties leasing agent Robb LaBossiere, the real estate firm was able to meet Joule's requirements in a quick and cost efficient manner by accommodating the clean tech company in existing lab space. LaBossiere worked directly with Joule on the lease. "We have a long history of catering to biotech firms of all sizes and with a variety of space needs. If we don't have a fully built out lab appropriate for a client, then our in-house design and construction departments have the expertise to build out a custom facility," LaBossiere said. Joule was founded in 2007 by Flagship VentureLabs. Its Helioculture platform converts sunlight and waste CO2 directly into liquid fuels in a continuous process that is not limited by costly biomass intermediates, processing, or use of precious natural resources. Additional information is available at www.jouleunlimited.com. During Cummings Properties' 40 years in the suburban Boston commercial real estate industry, it has earned a solid reputation for providing businesses with well-located highway properties at reasonable rates. With highly visible locations along Route 128/I-95 and I-93, the firm's 10 million square feet of prime space accommodates executive offices, healthcare facilities, laboratories, retail storefronts, warehouses, and more. Additional information is available at www.cummings.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