News: Northern New England

I Letourneau of Redstone brokers three leases totaling 5,060 s/f

Linda I Letourneau of Redstone was the listing and leasing broker representing the owner Pomeroy Associates LLC in the lease transaction of a 1,600 s/f spa space located at the historic Pomeroy House at 166 Battery St. to Tootsies Mini Spa owned by Beth Estey. Tootsies Mini Spa has held the title of the 7 Days Best Pedicure & Manicure for the last four years running. They now offer a full spa menu including shellac manicures, facials, reflexology, hair removal, and chair massage; and they will soon add makeup and lash extensions. I Letourneau of Redstone was the listing and leasing broker representing Catamount Holding Company in the lease transaction of 1,028 s/f office space located at the Chace Mill, Suites 216/222 at 1 Mill St. to Brownledge Foundation Inc. I Letourneau of Redstone was the listing and leasing broker representing the owner Linden Street Property LLC in the lease transaction of 2,432 s/f office space at 147 State St. in Montpelier, to Vermont Information Consortium LLC, the eGovernment partner with the state of Vermont.
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Columns and Thought Leadership
Ask the Electrician:  How do I prepare my commercial building for a disaster?

Ask the Electrician: How do I prepare my commercial building for a disaster?

New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
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