Kaplan of Kaplan Commercial Properties reps Rainbow Movers in 21,000 s/f lease
Rick Kaplan of Kaplan Commercial Properties, Inc. recently represented Rainbow Movers, Inc. in the leasing of 21,000 s/f of warehouse space at 42 William Way. Rainbow Movers has been in business for over 90 years and currently owns commercial space in Franklin and Plymouth, Mass. The company specializes in home delivery and high touch, high value freight warehousing and transportation. Kaplan also represented the owner of the building, KREG LLC.
In addition over the past 6 months, Kaplan has leased over 6,400 s/f of office and warehouse space to seven tenants at 31 Hayward St. in Franklin, Mass. Kaplan placed such tenants as Therapy Connections, Greenpark Mortgage Corp., LPL Financial Services, Jacobson Rost Marketing Communications, Inc., McDonald Cabinet and Countertop Distributors, Interactions Corp., and Summit Medical Technologies, Inc. The Hayward St. Mill offers space to many types of users. The mill is ideal for warehousing, office or retail use. This property is owned by Moseley Realty LLC.
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