Foncellino team of Coldwell Banker completes $400,000 sale
The Ann Foncellino team of Coldwell Banker commercial division listed and sold 7,200 s/f of office space for $400,000.
The Foncellino team was the listing broker for 595 Putnam Pike and Kerri Gemma of REMAX Properties represented the buyer, JFK Holdings.
The building located in downtown was built in 1856 and has been completely refurbished and updated into 3 levels of modern office and medical space.
The new owners will be using the Foncellino team to lease out the office space.
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