News: Owners Developers & Managers

Eastport Real Estate Services facilitates re-paving project for Kariff, LLC

Marlborough, MA Debra Marazzo, portfolio manager for Eastport Real Estate Services, facilitated a re-paving project for client, Kariff, LLC. Marazzo managed this project at Cap Plaza located at 31-35 Main St. Cap Plaza is home to the neighborhood Irish sports bar and grill, Funky Murphy’s. 

Due to the condition of the parking lot, it was determined that the replacement of the entire lot was necessary. Marazzo obtained several bids from local contractors, and after careful consideration, Eastport and client contracted with M. Madden Construction to re-pave the entire 27,700 s/f parking lot. This project included excavating the existing asphalt, grading, a binder coat, and a final coat of Mass Spec Type I finish asphalt. 

This project began on October 1 and was completed in phases to accommodate the service oriented tenants that have frequent visitors in and out of the parking lot during the day and evening. They coordinated with the tenants and contractor to ensure minimal disruption and was able to complete the project on October 10  timely and efficiently. 

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