News: Front Section

Denton of NAI Hunneman is sole broker in $1.9m sale of 19,000 s/f

NAI Hunneman has brokered the sale of 222 Elm St, a 19,000 s/f retail plaza, for $1.9 million. Chip Denton, senior vice president at NAI Hunneman, was the sole broker on the deal between Milford Elm Trust, the seller, and the buyer, Inex Properties, a multi-disciplinary firm providing management consulting and real estate investment services. "222 Elm is a highly visible property that is well located and has great core tenants," said Denton. "NAI Hunneman is proud to be a part of the continued economic success of the New Hampshire real estate market." 222 Elm is a fully occupied plaza that serves as the gateway to a retail corridor. Major tenants include AutoZone and Subway.
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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