News: Spotlights

Kauffman of Sea Watch Realty leases two medical spaces in Plymouth totaling 4,372 s/f

Stephen Kauffman of Sea Watch Realty has completed two leases totaling 4,372 s/f. Kauffman leased 2,900 s/f on two floors in the medical building located at 116 Court St. to two health related groups. The owner of the building is Santelli Enterprises Ltd. Partners. Kauffman also leased a 1,472 s/f specialty suite on the first floor of the Medical Center in the park located at 45 Resnik Rd. Pulmonary & Primary Care Associates has occupied 2,250 s/f on the first floor of 116 Court St. expanding its group practice. They provide internal medicine services specializing in pulmonary care, including pulmonary diseases, asthma, emphysema, and evaluations, cardio treatments, annual physicals, school and DOT exams routine GYN care. 650 s/f of the same building was leased to Reliable Drug Testing offering DOT certified drug and alcohol testing clinic. Reliable has national coverage with a number of CLIA certified laboratory partners, and new electronic CCF technology that helps make pre-employment and DOT drug and alcohol testing easy and organized. Reliable also offers the best instant drug and alcohol test kits on the market today. The Medical Center in the Park at 45 Resnik Rd. is a three-story multi-group practice facility including diagnostic laboratory blood drawing stations and radiology services both partnered with Jordan Hospital. The space was leased through Eisen Ventures LLC to Jordan Physician Associates Inc. JPA is a private company categorized under general and family practice, physician/surgeon services.
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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