News: Spotlights

Jones Lang LaSalle leases 11,175 s/f at 404 Wyman Street

Tapestry Networks has leased 11,175 s/f of Class A office space at 404 Wyman St. located within Hobbs Brook Office Park. Jones Lang LaSalle senior vice president Keith Gurtler and assistant vice president Matt Malatesta represented Tapestry Networks. Wyman Street Advisors director Robert Borgman negotiated for the building owner Hobbs Brook Management, LLC. The second floor space will serve as Tapestry Networks' corporate headquarters. The firm is expanding and relocating from 1601 Trapelo Rd. The premier five story 413,000 s/f office building on Rte. 128 was renovated in 2005. It features large open atria with skylights, rooftop terraces, and wood paneling and a polished granite lobby. The Forefront Conference Center offers professional meeting rooms with state of the art audiovisual technology and wireless high-speed internet access. Other tenants in 404 Wyman St. include: Novell, IBM, Racepoint Group, and Verdasys.
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Ask the Electrician:  How do I prepare my commercial building for a disaster?

Ask the Electrician: How do I prepare my commercial building for a disaster?

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 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