Kent, Fahey and O'Leary of DTZ FHO Ptrs. complete leases to Arbella
According to DTZ FHO Partners, Arbella Ins. Group has renewed its leases at 11 Riverside Dr. and 101 Edgewater Dr. in Wakefield, Mass. The lease agreement consists of 13,000 s/f and 13,554 s/f of class A office space.
Located in the Lakeville Corp. Park on Rte. 105, 11 Riverside Dr. is one of several commercial retail buildings in the park close to Rtes. 24, 44, and I-495.
101 Edgewater Dr. is one of seven buildings in Edgewater Office Park and consists of 77,214 s/f of office space. It is managed by JRT Realty Group, Inc.
Partners Tom Kent and Rick Fahey, as well as senior associate Mike O'Leary at DTZ FHO represented Arbella Capital in the property renewals.
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 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