News: Front Section

FHO Partners promotes Lyon to senior V.P. and O'Leary to vice president

FHO Partners has promoted Ted Lyon to senior vice president and Michael O'Leary to vice president. Lyon assists numerous corporate clients with their office and laboratory space needs. His focus is on office and R&D space in Cambridge and Watertown, but he takes on national assignments as well. Prior to joining FHO Partners, Lyons was a vice president at Trammell Crow Company. Lyons graduated from Trinity College with a BA degree and received his MBA degree from Boston College. O'Leary focuses his efforts in the greater Boston suburban office market, specifically along Rte. 128. O'Leary represents both tenants and landlords and works with them to satisfy their office, research & development and light manufacturing space requirements. O'Leary was previously employed as a senior associate at Trammell Crow Co. He is a graduate of Bowdoin College. "Both Lyon and O'Leary show tremendous dedication to the success of our clients and our business through their hard work and perseverance," said Joe Fallon, managing partner at FHO Partners. "They have become leaders within our firm, and I am pleased to recognize their success." FHO Partners is a commercial real estate firm providing brokerage and transaction management services to multi-market, national and international corporate real estate portfolios, both owned and leased. In the world of commercial real estate advisory and brokerage firms, FHO Partners' people-powered approach stands out. 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. Through the firm's close working association with its network of domestic and international offices, FHO Partners serves clients in every major metropolitan area in the United States and Canada, as well as throughout Europe and the Far East. For more information, visit www. fhopartners.com or call 617-279-4555. Regazzini of Combined Properties renews 12,240 s/f lease for Consolidated Service Corp.Chelsea, MA Combined Properties, Inc. has signed a lease renewal with Consolidated Service Corp. The lease totals 12,240 s/f at 172-176 Williams St. Consolidated Service Corp. provides complete janitorial services including building maintenance support. Combined Properties and Consolidated have enjoyed a long relationship as they have been at the location for 9.5 years. 172-176 Williams St. is part of a 250,000 s/f industrial complex strategically located at the foot of the Tobin Bridge and is 5 minutes from Logan International Airport and downtown Boston. There is one 12,865 s/f light manufacturing/warehouse space still available in the building. The building is adjacent to CPI's 191-201 Williams St. which has a 26,272 s/f refrigerated space available, a rare occurrence in this market. "The property's amenities, competitive pricing and proximity to Logan International Airport, Cambridge and downtown Boston are key factors for many tenants. We are happy to continue to meet Consolidated's space needs and to provide outstanding service and value" said Combined Properties president John Pereira. Vice president, director of leasing, Greg Regazzini represented Combined Properties, and the tenant represented themselves. Combined Properties, Inc. is a full-service real estate development firm specializing in high-quality office, R&D, industrial, and retail properties in the Northeast. Since its founding, the company has purchased, developed and managed over two million square feet of space. Most recently, the firm has launched an expansion into multi-family development. The firm is based in Malden, MA.
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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