Daniels, Lawrence and Lee of Colliers M&G neg. leases totaling 41,500 s/f
The Colliers Meredith & Grew team of Matthew Daniels, Tad Lee and Christopher Lawrence has negotiated two leases totaling 41,500 s/f representing QC Solutions and Aushon Biosystems.
QC Solutions has signed a 20,000 s/f lease for its global headquarters at 29 Dunham Rd., a single-story, 70,000 s/f light manufacturing building built in 1985.
Aushon BioSystems has executed a 21,500 s/f lease to relocate its headquarters from Burlington, Mass. to 43 Manning Rd. Built in 1984, 43 Manning Rd. is a two-story, 43,228 s/f light manufacturing building.
Jason Levendusky of CB Richard Ellis/New England represented the landlord, RREEF, in both transactions.
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 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!
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 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