News: Owners Developers & Managers

KeyPoint Partners adds six new properties to management portfolio

KeyPoint Partners, LLC has added six new properties to its property management portfolio, five in Massachusetts and one in Virginia, according to William Lawler, partner and director of property and asset management for the firm. The assignments consist of retail, office, and industrial space totaling more than 1.39 million s/f. The new properties include: * Springfield Plaza, a 400,000 s/f retail center in Springfield, MA; * 978-980 Worcester Rd., a 23,300 s/f office/retail property in Wellesley, MA; * 140-142 Worcester Rd., a 5,900 s/f retail property in Framingham, MA; * Two industrial/warehouse properties of 443,000 s/f and 277,000 s/f respectively, in South Hadley and Deerfield, MA; and * The 242,000 s/f first phase of One Loudoun, a new retail/entertainment/office/residential development in Ashburn, VA. KeyPoint Partners is one of the region's premier commercial real estate service firms, providing property and asset management services for over 21 million square feet of retail, office, and industrial properties in 17 states. KeyPoint Partners' leasing team handles leasing for retail properties totaling nearly 6 million s/f. The firm provides a wide range of services to retailers, property owners, and financial institutions including retail brokerage, investment sales, property & asset management, construction, custom market research, and financing/consulting 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