News: Front Section

Greenstein and Young of CBRE|The Boulos Co. handle 2 building sale

Foreside Management Co., LLC has sold its two-building industrial complex at 34 Hutcherson Dr. in Gorham Industrial Park. Formerly The Foreside Company's headquarters, the 14.6 acre property was purchased by Goodwill Industries of Northern New England. The property includes a 106,000 s/f high bay distribution center which Goodwill will utilize for its central sorting, warehousing and distribution functions. It also includes a 35,844 s/f two level "flex building" which will be used for mission related ancillary functions associated with Goodwill's operations. Dan Greenstein represented the seller and Craig Young represented the buyer, both of CBRE | The Boulos Company. Also, Eyemart Express, Ltd. leased 4,080 s/f of retail space from M&M Realty, Inc. Joseph Porta of CBRE|The Boulos Co. represented the tenant. Tony Valley of Capital Realty represented the landlord.Craig Young, CBRE|The Boulos Co.
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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