News: Northern New England

John J. Flatley Co. leases 24,000 s/f at Malley Farms Business Center

The John J. Flatley Company has secured a long term lease at Malley Farms Business Center, 30 Centre Rd. Under the terms of the lease, J-PAC LLC / Doyen Medipharm (JPDM) will occupy 24,000 s/f, bringing this single story, flex/R&D commercial property to 100% occupancy. JPDM, a medical device contract manufacturer and supplier of medical manufacturing equipment is expanding their manufacturing operations in Somersworth and will now occupy half of building's 48,000 s/f. "We are very excited to have J-PAC, LLC/Doyen Medipharm at our property," said Thomas Smith, director of leasing, for Flatley. "The facility is an exceptional fit both in providing the infrastructure to meet their expanding business units and its close proximity to their 25 Centre Rd. headquarters." Flatley Co. manages over 2 million s/f of office space throughout Massachusetts and New Hampshire,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

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 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