News: Front Section

Dieker of CB Richard Ellis/New England brokers 11,549 s/f lease for Clark & Lavey Benefits Solutions, Inc.

According to CB Richard Ellis/New England (CBRE/NE), Clark & Lavey Benefits Solutions, Inc., a group benefits insurance broker, has signed a long-term lease at 7 Henry Clay Dr. The firm will occupy 11,549 s/f of class A office space. CBRE/NE's Roger Dieker, vice president at the firm's Manchester office, represented the tenant in the deal. Landlord Adamian Construction & Development Corp. was represented by CBRE/NE associate Mike Tamposi. "Clark & Lavey was very strategic in their analysis," said Dieker. "The company was successful in securing superior space for an extended term at today's reduced rates." "Clark & Lavey's presence will enhance the image of 7 Henry Clay Dr. and provide a solid foundation as we reposition this multi-tenant facility," said Tamposi. 7 Henry Clay Dr. is a 45,620 s/f office building that offers all the amenities of a first-class corporate campus. It is located off exit 10 of the F.E. Everett Tpke. "Our growth plan, combined with today's tenant-friendly market environment, offered us the opportunity to obtain a larger space that will be tailored to our needs," said Laura Bennett, chief financial officer for Clark & Lavey. "We are pleased to welcome Clark & Lavey as a new tenant to the building," said Heather Adamian of Adamian Construction. "We look forward to establishing a long-term relationship with them." About Clark & Lavey Benefits Solutions, Inc. Clark & Lavey Benefits Solutions Inc. is a consultative insurance brokerage firm providing an integrated solution of products and services in employee benefit programs to clients throughout the northeast. Their strategic approach, coupled with their belief in partnering with their clients, has made them an industry leader. Their clients cross many industry sectors and include manufacturing companies, hospitals, financial and service industries and non-profit organizations. About CBRE CB Richard Ellis Group, Inc., a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services firm (in terms of 2010 revenue). The company has approximately 31,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. CB Richard Ellis - N.E. Partners, LP, a CBRE Joint Venture has offices in Massachusetts, Connecticut, Rhode Island, Maine and New Hampshire.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
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