Financial Marketing Group signs 3,176 s/f lease at Merritt 7 Park
According to Albert Phelps, Inc., the managing and leasing agent for Merritt 7 Corp. Park, Financial Marketing Group has signed a five-year lease for 3,176 s/f.
Financial Marketing Group moved to the penthouse floor Building 501.
"Merritt 7's convenient and accessible location combined with a great amenity package and all new property renovations were appealing incentives for Financial Marketing Group," said JoAnn Brennan McGrath, director of leasing for Merritt 7.
Tenants include: Financial Accounting Foundation, LaSalle Bank, Marsh USA, EMCOR, HEI, ABB Inc, Kodak, Siemens, Kaiser Foundation Health Plan, Inc., IPSOS, Arch Chemicals, Inc., and Principal Financial.
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 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!
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 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