News: Front Section

Elliot & Co. LLC brokers 4,451 s/f office lease at 128 Carnegie Row

On behalf of CMI Property Inc., Elliot & Co. LLC has brokered a 4,451 s/f office lease to the accounting firm of Amichetti, DeLuca & Co., P.C. at 128 Carnegie Row. Elliot Ravech, president and principal of Elliot & Co., represented CMI Property. "We are pleased to welcome the accounting firm of Amichetti, Decluca & Co. as our newest tenant at the building," said Mr. Ravech. "CMI Propperty provided a custom-built space for them for their expanding staff. In addition, it is a great location. Area amenities include hotels, restaurants, retail centers, banking, the Norwood Municipal Airport, urgent care facilities, daycare providers and fitness centers." The 87,000 s/f commercial building is located off Rte.1, known as the Automile. Amichetti, DeLuca, one of the area's leading accounting firm that provides total financial services to individuals, large and small businesses and other agencies, leased a prime custom-built office space on the first floor of the building. The firm relocated from 116 Providence Highway. The property has 13-foot clear ceiling heights and is sub-dividable to 5,000 s/f for office and R&D use. The building has access to I-93 and 95, Rte. 128, and is a short distance from Boston and Providence, RI. Elliot & Co. is one of the region's premier commercial real estate brokerage firms, specializing in leasing and investment sales of office, industrial, R&D and retail properties in Greater Boston.
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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