News: Front Section

Curley joins Cummings Properties as leasing officer

David Curley has joined Cummings Properties as a leasing officer. Curley is a Bates College graduate. He was previously a commercial real estate broker with O'Brien Commercial Properties, Inc. "It's an exciting time to be in commercial real estate as demand for premium space, such as labs, increases in the suburbs," said Curley. "I was drawn to Cummings Properties because of its many years of economic success, community support, and employee and client longevity. I am energized to work for an industry leader." As a member of the leasing team, Curley works with clients to find the commercial space that fits their needs in the Cummings Properties portfolio, which includes four major suburban business campuses—Cummings Park and TradeCenter 128 in Woburn and Cummings Center and 50 Dunham Rd. in Beverly. "David's education, competitive spirit, and tireless work ethic make him a perfect complement to the team," said leasing manager Ed Silvey. "His previous experience as a commercial broker affords him the unique ability to appreciate transactions from all sides, which makes him a valuable asset." Cummings Properties' 10 million s/f of prime space accommodates executive offices, healthcare facilities, laboratories, retail storefronts, warehouses, and more. With a portfolio of this size and variety, the firm can meet almost any commercial real estate need, from 150 s/f to 300,000 s/f. Its in-house experts in design, construction, and property management offer "one-stop shopping" for leasing clients.
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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