News: Front Section

Elcock, Goodhue and Lynch of M&G broker 2 leases totaling 24,608 s/f

The Meredith & Grew team of James Elcock, David Goodhue and William Lynch has negotiated two leases totaling 24,608 s/f on behalf of BioEnergy International, LLC, a science and technology leader in the development of multi-product biorefineries that produces biofuels and bio-based specialty chemicals. BioEnergy International executed a 13,856 s/f lease at Batterymarch Park II, to relocate from Norwell, Mass. and expand its corporate headquarters by 10,000 s/f. Andrew Majewski and Nat Kessler of CB Richard Ellis/New England represented the landlord, National Fire Protection Association. BioEnergy also signed a lease for 10,752 s/f of lab space at 42 West Cummings Park in Woburn, Mass. The landlord, Cummings Properties, was represented in-house by Rob Yacobian and Eric Anderson. The Woburn facility will be a first-of-its kind, next-generation research center that will serve as BioEnergy's strategic hub for leading innovation in the development and commercialization of next generation biofuels, biopolymers, and specialty chemicals from renewable sources. "I applaud and thank Meredith & Grew, specifically Jim, Dave and Bill for all their hard work." said chairman and CEO Stephen Gatto.
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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