News: Front Section

Daniels and Tisbert of Colliers International represents XOS Digital in 19,235 s/f lease at 181 Ballardvale Street

XOS Digital, Inc. has executed a new 19,235 s/f lease into a turnkey suite at 181 Ballardvale St. within Ballardvale Office Park. The firm is moving from Billerica. Colliers International's North Suburban team of Matthew Daniels and Brian Tisbert represented XOS Digital. James Lipscomb of Richards Barry Joyce & Partners, LLC represented the landlord, Griffith Properties and joint venture partner, AEW Capital Management. "181 Ballardvale St. provides our client with a logical long-term solution for its greater Boston office presence," said Tisbert. "Griffith Properties/AEW is an excellent partner for XOS Digital and we thank them for their responsiveness throughout the transaction process." Built in 1983, 181 Ballardvale St. is a two-story, 105,665 s/f office building located immediately off of I-93 near Rte. 128, 20 minutes from downtown Boston and the Logan Airport. The red-brick building features on-site management, a cafeteria, shower facilities, and reflective solar glass windows.
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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