Jaffe of Eastport Real Estate represents Legacy Real Estate Ventures in 3,462 s/f lease
Legacy Real Estate Ventures, owner of 600 Clark Rd., a 35,000 s/f medical building at the intersection of Rte. 495 and Rte. 38, recently completed a long term 3,462 s/f lease for the relocation of Nephrology Associates of the Merrimack Valley, who will be moving from 33 Bartlett St. in Lowell later this summer. The tenant takes over an existing medical suite.
Legacy was represented by Mike Jaffe of Eastport Real Estate, the tenant was represented by Fred Faust of The Edge Group. The building is now 94% occupied.
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