News: Spotlights

Elcock, Lynch and O'Brien of Colliers Meredith & Grew broker 42,832 s/f lease to Spectrum Microwave

Spectrum Microwave, Inc., a market leader in the world of RF and microwave components and systems, has executed a new 42,832 s/f lease to relocate its operations to 400 Nickerson Rd. located in Marlborough Technology Park. The firm will relocate from 165 Cedar Hill St. in May 2010. The move represents a 16,000 s/f expansion. The Colliers Meredith & Grew team of Jim Elcock, Bill Lynch and Tim O'Brien represented Spectrum Microwave. Paul Leone of Richard Barry Joyce & Partners, LLC represented the landlord, Normandy Real Estate Partners. "After evaluating several options, we chose to relocate to Marlborough Technology Park based on its location, amenities and quality of the space," said Gregg Davis, general manager of Marlborough operations for Spectrum Microwave. "It was a perfect fit to accommodate growing operations." Marlborough Technology Park consists of seven first class office buildings totaling 573,576 s/f. Located off I-495, the business center provides access to the Mass. Tpke., I-290, Rtes. 128 and 9. On-site amenities include ample parking, a full-service cafeteria, conference facilities and a fitness center.
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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