News: Front Section

Cushman & Wakefield completes 328,232 s/f lease renewal for RSA

Cushman & Wakefield (C&W) completed a 328,232 s/f office lease renewal at 174 and 176 Middlesex Tpke. C&W's team led by Torin Taylor and Luis Alvarado, together with Richard Ruggiero, Matt Adams and Rory Walsh, represented the landlord, Mariner Bedford Woods, LLC. The tenant RSA, the Security Division of EMC Corp., was represented by Cresa Partners. "We are delighted to represent the interests of Mariner Bedford Woods in this highly substantial lease renewal which validates RSA's decision to continue to grow in Bedford," said Taylor. "Drawing on the skilled labor forces of Greater Boston and New Hampshire, 174 and 176 Middlesex Tpke. offers an unmatched, institutional-quality asset located in a top-three core U.S. market." The two interconnected buildings at 174 and 176 Middlesex Tpke. serve as the world headquarters for RSA. The corporate campus, completed in 2001, sits on 55 acres alongside Rte. 3, 15 miles northwest of Boston. RSA is the premier provider of security, risk and compliance management solutions for business acceleration. RSA helps the world's leading organizations solve their most complex and sensitive security challenges. These challenges include managing organizational risk, safeguarding mobile access and collaboration, proving compliance, and securing virtual and cloud environments.
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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