Hynes and Fahey of DTZ FHO Partners complete 27,638 s/f lease
According to DTZ FHO Partners, Lee Munder Capital Group L.P. has renewed its lease for 27,638 s/f of office space at 200 Clarendon St.
Barry Hynes and Rick Fahey, partners of DTZ FHO, represented Lee Munder while David Martel, executive VP of Cushman & Wakefield, represented the landlord.
According to Ken Swan, president of Lee Munder, "In working with DTZ FHO we were able to lock in our real estate costs for the foreseeable future, putting a critical issue behind us so we can focus on helping our clients.
Hynes said, "Tenants today are looking for quality and value. Lee Munder is no different. We are confident that Lee Munder's tenancy is a perfect fit for the building and the company's long term goals."
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