News: Front Section

Gallagher, James, and Boudrot of Hunneman broker 10,239 s/f lease

NAI Hunneman Commercial, a leading provider of commercial real estate services to corporations, institutions and the private market, has brokered the five-year lease renewal for a 10,239 s/f office space in the Bay Colony Corporate Center at 1050 Winter St. Evan Gallagher, associate, Stephen James, executive vice president/principal, and James Boudrot, senior vice president, all three of NAI Hunneman, represented the tenant, Tech Skills d.b.a. Boston University Corporate Education Center. Marc Roth of Cushman and Wakefield represented the landlord, Boston-based Beacon Capital Partners. "Bay Colony Corporate Center is one of the Northeast's most attractive business parks," said Gallagher. "Our client decided to stay in the park because of the property's class A amenities and its convenient location in the central Rte. 128 market." Completed in 1998, 1050 Winter St. is part of the four building, 980,000 s/f Bay Colony Corporate Center. The 58-acre sits is located on Rte. 128 and is just minutes from downtown Boston. The property offers 3,025 tenant and visitor parking spaces. Residing next to Cambridge Reservoir, Bay Colony includes a diverse range of on-site amenities such as dry-cleaning services, cafés, ATMs, shuttle services, and a health and fitness facility.
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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