News: Rhode Island

Freshman and Giuttari of MG Commercial
lease 83,500 s/f industrial

Lincoln, RI Julie Freshman and Mike Giuttari, SIOR of MG Commercial have leased 83,500 s/f, modern industrial space at 100 Higginson Ave. for Waterloo Way LLP to Imondi Foods from West Warwick. Imondi Foods will be relocating to 100 Higginson after work is completed for a 23,000 s/f cooler/freezer area is created within the space, along with some additional office space among other changes and upgrades.

100 Higginson Ave. is a 475,000 s/f multi-tenant, multi-use facility with tenants as diverse as Denison Pharmaceuticals and Imondi Foods to Rock Spot Rock Climbing, KR Baseball and R1 Racing. The facility is also fully solar enabled with almost 500,000 s/f of rooftop solar. Waterloo Way LLP from Miami, FL has owned and operated the facility for 24 years.

MG Commercial has represented the entity at 100 Higginson Ave. the entire time.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
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