Grill of Fairlane Properties arranges 12,400 s/f lease renewal for EMI Strategic Marketing
Fairlane Properties recently completed the 12,400 s/f renewal and relocation of EMI Strategic Marketing at 15 Broad St.The owner of 15 Broad St., Broder Properties, was represented by Kevin Brown of Brown & Wagner. Michael Grill of Fairlane Properties represented EMI. While retaining its 10th floor location in 15 Broad St., EMI relocated from the 7th floor to the 9th floor. The building's original grand marble staircase will now link the firm's two floors providing an architectural statement at EMI's entry foyer.
Campbell Edlund, president of EMI, said, "We are delighted to be expanding our offices in the Financial District. Our addition of a contiguous floor, new conference rooms, and custom-designed workspace for our technology and creative teams will enhance our productivity and support our growing staff. As our financial and technology clients have tightened their marketing budgets, we've found increasing demand for our unique approach to relationship marketing that integrates digital and human channels."
In addition to leasing properties owned by affiliates of Fairlane, including 1035 Cambridge St. in Cambridge and Chapel Business Center in Newton, Grill and Hillary Brown of Fairlane Properties serve as tenant representatives to companies in the Greater Boston area.
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