News: Owners Developers & Managers

Gate Residential Properties and TransDel Corp.'s $50 million One North of Boston to host grand opening

One North of Boston, a $50 million luxury residential development that has attracted young professionals with its unique amenities, competitive rents, proximity to Boston, will celebrate its grand opening on July 16 from 4 - 8 p.m. at 100 Heard St. The event will feature live music by The Four Legged Faithful and food by Newbridge Café, Dockside, Fusion Foods, and Las Vegas Residents and community members from in and around Chelsea will mark the official opening with live music and catering from restaurants that are among Chelsea's best. One North of Boston, a joint venture between Gate Residential Properties and TransDel Corp., is located close to the commuter rail, an express ride into Boston. One North of Boston features 230 apartments, offering residents unique amenities such as onsite doggy daycare, a dog park, a cross training studio, a fitness center, a movie room, and a club suite equipped with a pool table, among others. "We are thrilled with the excitement and enthusiasm we've seen from residents, who are taking full advantage of the great amenities, location and community One North has to offer," said Kyle Warwick, principal at Gate Residential. "This celebration offers a chance for residents to mingle with one another, meet other members of the neighborhood, and sample food from local restaurants." While One North of Boston's grand opening celebrates the success of the development - with 97% of its apartments leased - it also speaks to the tremendous growth taking place throughout Chelsea. More than $1 billion has been invested in new development in Chelsea during the past 15 years.
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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