News: Front Section

DTZ FHO signs 7th tenant to Campanelli's Granite Woods Corp. Center

DTZ FHO Partners and Campanelli Companies welcomed the seventh office lease at Granite Woods Corporate Center, with the signing of Smith & Brink for 15,861 s/f in building two. Smith & Brink will be relocating from 122 Quincy Shore Dr. The lease with Smith & Brink combined with recently signed leases with Visiting Nurses Association of Boston, Traveler's Indemnity Insurance, Verizon, Oriental Motor USA Corp., Top Source and Henry Schein, totaling 119,000 s/f, brings the occupancy to 81%. Granite Woods Corporate Center consists of two first class office buildings located at the intersection of Rtes. 128/93 and 3. Peter Brown, director of leasing at Campanelli, stated that "Granite Woods has attracted these terrific tenants because of its superior location, solid benefits, and the Campanelli commitment to high quality service for its tenants." The leasing team for Granite Woods consists of Sean Teague and Leeanne Rizzo of DTZ FHO. Tom Kent of DTZ FHO represented Smith & Brink. "Smith & Brink was looking for a building that would allow them to continue to provide a professional and personal approach for all Smith & Brink employees and clients," stated Teague. "Granite Woods Corporate Centers is a central location as well as near many amenities and other businesses. We are confident that Granite Woods Corporate Center will be a great fit for them."
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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