Development Associates leases 10,500 s/f to Vivint Solar, Inc.
Development Associates of Agawam, leased 10,500 s/f to Vivint Solar, Inc. of Provo, UT. Vivint Solar is dedicated to designing, installing and maintaining affordable solar solutions. It's parent company, Vivint Inc., is one of the largest home automation companies in North America, operating from offices throughout the United States and Canada, and serving more than 675,000 customers.
The leased space is a part of a 72,000 s/f multi-tenant project located at 150 Padgette St. and was built in 2010. The project is also the home of AT&T, Salesmaster Flooring, Invacare, National Seating & Mobility and other tenants.
Development Associates is the management company for Padgette Street LLC and SMA Frank Real Estate LLC. They have over 50 years experience in commercial development and specialize in custom buildouts to meet their tenants' needs.
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