Gotfredson of NAI Hunneman brokers 6,717 s/f office lease renewal at 88 Broad Street
NAI Hunneman has brokered a 6,717 s/f office lease renewal at 88 Broad St. The Partnership for Excellence in Jewish Education, a national organization of visionary Jewish philanthropists known as PEJE, renewed its lease on the 6th floor at 88 Broad St., a nine-story, 63,829 s/f office building in the Financial District.
Christian Gotfredson, a senior vice president at NAI Hunneman, represented the landlord, Bay State Realty. Jason Cameron of Jones Lang LaSalle represented the tenant.
"We're very pleased that PEJE decided to renew its lease at 88 Broad St.," said Gotfredson. "With renovations of the lobby and building systems already completed, 88 Broad St. has become one of Boston's best and most attractive small office buildings."
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