DFH Real Estate closes on 4-acre site in Suffield for $220,000
DFH Real Estate, LLC recently sold a 4-acre site on the corner of Marketing Dr. and Rte. 75 for $220,000. Designs for Health manufactures and distributes nutritional supplements to the health care industry. The Suffield facility will be 23,000 s/f of office and warehouse space and will serve as its east coast sales and distribution center. The site provides the opportunity for a 20,000 s/f addition in the future.
The new facility should be completed by the end of this calendar year. Sage Engineering, LLC of Westfield, Mass. is the design/build firm on this project.
Representing the seller, Joseph F. Dewhirst, trustee, on this transaction was Dan Carstens of Merrigan & LeFebvre Realty, Inc.
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