News: Retail

FedEx Kinko's opens 2,166 s/f location at West Cummings Park

One of three FedEx Kinko's Office and Print Centers planned for Greater Boston has now made its home at 200 West Cummings Park. The 2,166 s/f Washington St. location, which celebrated its Grand Opening on Nov. 5th, is part of a larger plan that the Dallas-based company has to open 320 new locations, worldwide, by June 2008. The location makes FedEx Kinko's a new neighbor to such West Cummings Park residents as Starbucks Coffee, Au Bon Pain, Bank of America, and Lumber Liquidators. "FedEx Kinko's will be a great addition to all the amenities West Cummings Park has to offer to its clients," said Michael Truesdale, the Cummings Properties leasing officer who brokered the multi-year lease. Rob Robledo, a broker for Atlantic Retail Properties in Boston, represented FedEx Kinko's, while Truesdale represented Cummings Properties. "We are thrilled that we had a facility at an outstanding location to meet the needs of FedEx Kinko's," said Dennis Clarke, president and CEO of Cummings Properties. "In addition to hundreds of small and medium-sized businesses, Cummings Properties counts many premier international companies among our clients, and we are pleased to welcome FedEx Kinko's to the neighborhood." West Cummings Park is centrally located at the junction of I-93 and I-95 (Rt. 128). It offers an array of on-site amenities including restaurants, shops, children's day care, full-service banks, hair salons and travel agencies as well as free parking and MBTA express bus service.
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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