Godin of Matthews Commercial completes two leases totaling 27,500 s/f
Ed Godin Jr. SIOR of Waterbury-based Matthews Commercial Properties, has represented the landlord, ANTAR LLC, in the long-term lease of a 13,500 s/f building on 5 acres at 2 Alliance Circle. The facility is located just off of Rte. 8 highway in the Pinesbridge Industrial Park.
The new tenant, United Rentals, a large equipment rental company will be utilizing the facility for a regional rental center and maintenance facility.
In another transaction, Godin Jr. represented the landlord, Two Morand Associates LLC, in the long-term lease of a 14,000 s/f portion of a larger building at 1495 Thomaston Ave. in Waterbury.
The new tenant, Bobken Automatics, manufactures precision screw machine products and is relocating and expanding their operation from a neighboring town.
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