News: Front Section

Edgar and Gamache of Kinlin Grover Commercial broker two sales totaling $689,000

On April 30, Kinlin Grover Commercial brokered the sale of two properties totaling $689,000. The property at 552 MacArthur Blvd., Rte. 28, a 1,900 s/f office building on one acre on Rte. 28 sold for $289,000. The Seller, KCN Realty Trust sold the four unit fully leased office property to the buyer, Brian Duffy. Ben Edgar of Kinlin Grover Commercial Group represented the seller, and Jeff Pontiff of Pontiff Realty, represented the buyer. The property at 1134 Rte. 28A, includes 22,788 s/f of land, improved with a 7,000 s/f commercial building sold for $400,000. George Gamache brokered the transaction on behalf of Kinlin Grover Commercial. The buyer was represented Kevin Leddy, Real Estate Associates. Kinlin Grover Commercial is a commercial real estate brokerage company specializing in commercial and investment properties in Southeastern Mass., with offices located in Mashpee, Orleans and Plymouth.
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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