News: Spotlights

. Jones Lang LaSalle and Meredith & Grew negotiate 87,875 s/f lease

Technology media company TechTarget, Inc. has signed a lease for 87,875 s/f of first class office space in Building 1 at Riverside Center. The three floors will serve as the company's world headquarters. Occupancy is scheduled for early 2010. TechTarget is relocating from 117 Kendrick St. Jones Lang LaSalle managing director Alex Dauria, senior vice president Keith Gurtler and associate Brendan Cohn negotiated the long term lease representing owner Equity Office Properties. Colliers Meredith & Grew executive vice president Jim Elcock and vice president Elias Demakes represented TechTarget. Riverside Center is a 500,000 s/f suburban office campus adjacent to Riverside Station. The Center is highly visible at the crossroads of the Mass Pike and Rte. 128, and set off the road on Grove St. Three high-performance buildings are connected by a four-story glass atrium that extends the length of the main building. There is underground, structured and surface parking for more than 1,500 cars. Other Riverside Corporate Center tenants include: McKesson Corporation, Rocket Software, Harvard Vanguard Medical Associates, UGL Unicco and Regus Business Centers. There is approximately 110,000 s/f of contiguous space now available.
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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