News: Front Section

Frey of Commonwealth Comm'l. Advisors brokers $2.55 million sale of 5 Mear Rd.

Belle-Pak Packaging Inc. recently purchased an 85,200 s/f industrial building at 5 Mear Rd. The property was purchased for $2.55 million. The sale includes the leases of three, long term stable tenants. Based out of Toronto, Canada, Belle-Pak Packaging, Inc. is a leader in the plastic and print industry, offering a diverse line of polyethylene and print products around the world. Stefan Frey, managing principal of Commonwealth Commercial Advisors, Inc. represented the ownership of 5 Mear Rd. Along with local counsel, Belle-Pak represented itself in the negotiation. About Commonwealth Commercial Advisors: Commonwealth Commercial Advisors is a full service commercial real estate firm located in greater Boston, MA. CCAdvisors takes a personal, consultative approach in representing each and every client's specific and unique requirements. CCAdvisors provides the highest level of service by utilizing extensive industry knowledge and expertise of the local commercial real estate market and works diligently to meet each client's strategic, operational, financial and cultural goals. More information can be found at http://www.ccadvisors.net.
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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