News: Front Section

DTZ FHO Partners handles 11,421 s/f lease renewal for Matrix Partners

According to DTZ FHO Partners, a leader in the commercial real estate advisory services field with extensive experience in the greater Boston office market, Matrix Partners has agreed to retain its 11,421 s/f office space at the Bay Colony Corporate Center located at 1000 Winter St. "Bay Colony is home to Greater Boston's preeminent venture capital cluster and as a result Matrix Partners has immediate access to talent and resources within its industry," said Brian Hines of DTZ FHO Partners. "Matrix Partners has found its location at Bay Colony to be exceptional and the firm looks forward to continuing its success there." Located on 58-acres and consisting of 980,000 s/f of office space, the Bay Colony Corporate Center is a premier office park overlooking the Cambridge Reservoir and Rte. 128. Bay Colony's amenities including a conference center, tiered auditorium, ample parking, restaurants, dry cleaning services, health club and a convenient shuttle bus service to the Alewife commuter rail station. DTZ FHO Partners represented both the tenant and the landlord. Brian Hines represented Matrix Partners, Inc and the team of Duncan Gratton, Rick Fahey and Sue Donovan represented the landlord, Broadway Partners.
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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