News: Front Section

Everest and Allen of Nordlund Associates handle two sales totaling $2.545 million

Nordlund Associates recently sold a 10,970 s/f industrial building at 20 Garden St. for $1.145 million. The property will be occupied by J. C. Landscaping. The property is desirable for its high bay, clear space warehouse, expansive yard space and proximity to Rte. 114, Rte. 1 and I-95. Chris Everest and Michael Allen of Nordlund represented the landlord, Garden Brook Corp. Also, Greenworks Parks, LLC recently purchased a 20,000 s/f free standing office building at 5 Lakeland Park Dr., Peabody for $1.4 million. The favorable condition of the property and proximity to Rte. 1 and I-95 attracted the buyer who will use the property for back office administrative purposes. Everest and Allen represented the landlord, Bently Family Limited Partnership and secured the buyer. Nordlund Associates, Inc. is a full service commercial real estate firm serving tenants, landlords and investors by facilitating acquisition and/or divestiture of properties through traditional and innovative strategies. We attribute our success to our knowledge, expertise, personalized service and entrepreneurial values. Creative solutions, adjustments and decisions are made on the go.
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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