JJL executes a 67,767 s/f office lease to IBM at One Rogers St. ping off of Modern Theatre
Jones Lang LaSalle brokered a 67,767 s/f lease of first class office space to IBM at One Rogers St. IBM will remain on floors one through three of the 6-story first class office building owned by Principal Real Estate. Principal was represented by Jones Lang LaSalle senior vice president Peter Bekarian. IBM was represented by Jones Lang LaSalle executive vice president Brendan Callahan.
One Rogers St. is a 252,000 s/f first class office building that adjoins One Charles Park. It features modern design, detailed high end finishes, a shared landscaped courtyard, and panoramic views of the Charles River.
The complex is located adjacent to the CambridgeSide Galleria and the Hotel Marlowe. It is in close proximity to the retail, restaurants, cultural and transportation amenities of East Cambridge. The property manager for One Rogers and One Charles is Jones Lang LaSalle.
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 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