News: Front Section

Fallon and Donovan of FHO Partners arranges 5,506 s/f lease relocation for Reflectance Medical

According to FHO Partners, a 5,506 s/f lease relocation for Reflectance Medical has been completed. The company will open its new office at 116 Flanders Rd. "We were pleased to assist Reflectance Medical in the company's site selection process and decision to relocate to 116 Flanders Rd.," said Joe Fallon, managing partner at FHO. "This amenity-rich and convenient location offers this young firm the ideal environment to mature and flourish as it continues to develop breakthrough medical technologies." Fallon and senior vice president Sue Donovan of FHO Partners represented Reflectance Medical. The landlord was Carruth Capital. Located 33 miles west of downtown, near Mass I- 495 and the Boston Worcester Turnpike, 116 Flanders Rd. is situated in the Metrowest Business Park, which contains a three-story, class-A office building against 65 acres of conservation land. The park's amenities include a conferencing facility, covered parking, day care, golf course, hotel and on-site dining. FHO Partners is a commercial real estate firm offering a full range of brokerage, consulting, strategic planning, research, lease administration, marketing, lease auditing, lease portfolio and transaction management services for corporate and institutional clients alike. The senior partners of the firm have worked together for over 20 years providing customized advisory consulting and brokerage services to an extensive range of corporate and institutional clients, both locally and on a national and international basis. Reflectance Medical Inc. is an early stage company developing new technology to revolutionize the care of critically ill patients by reducing medical costs and deaths associated with conditions which result in poor tissue perfusion and acidosis. The company's noninvasive CareGuide patient monitor continuously and quantitatively displays levels of microvascular oxygen, pH and hematocrit to provide treatment goals to assure rapid and successful reversal of microvascular abnormalities associated with internal bleeding, trauma, cardiac failure and sepsis.
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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