News: Front Section

John J. Flatley Company acquires 15-45 Dan Road from Great Point Investors

John J. Flatley Company has acquired 15-45 Dan Rd. located in. The seller, Great Point Investors, was represented by Colliers International. 15-45 Dan Rd. is a three-story office, flex, R&D, and warehouse-use building located on Rte. 138, three miles from Rte. 128 and 15 minutes from Logan International Airport and downtown Boston. Located within the Canton Commerce Center, the 276,124 s/f facility offers parking and numerous on-site and nearby amenities. Renovations to the building will include a newly constructed exterior façade with entrance, renovated common areas and lobby, addition of a new shared conference center, a renovated and expanded fitness center with locker rooms, as well as a newly renovated café. "We are excited to be adding Dan Road to our growing portfolio. We felt Dan Road was an opportune purchase due to its proximity to Rte. 128, vibrant corporate park setting, in a great town like Canton and existing corporate tenant roster," said John Flatley, president of John J. Flatley Co. "We look forward to leasing the remaining space and owning and managing this asset for the long term." The John J. Flatley Co. was founded in 1985 and has continued to expand in the New England real estate market. The company is focused on the development and management of office, research and development properties, retail centers and apartment complexes throughout Massachusetts and New Hampshire. Committed to providing tenants with high-quality, affordable space in convenient locations, many of its tenants have been with John J. Flatley for over a decade, a testament to their commitment to service.
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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