News: Front Section

Denton of NAI Hunneman brokers $4.425m sale for The Hamilton Co.

NAI Hunneman has brokered the sale of 7 Perimeter Rd., a 122,335 s/f office building, for $4.425 million. The buyer, Inex Properties, was represented by Chip Denton, senior vice president of NAI Hunneman, who brokered a direct deal with the seller, The Hamilton Co. The single-level, mixed-use office building at 7 Perimeter Rd. is an almost fully occupied property situated adjacent to the Manchester-Boston Regional Airport. "Its desirable location in Manchester combined with the quality of the tenants make the property at 7 Perimeter Rd. a real trophy," said Denton. "NAI Hunneman is excited to be part of the burgeoning New Hampshire commercial real estate market." The property is located near I-93 and I-293, about 20 miles from both Concord and Nashua, and about 50 miles from Boston.
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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