News: Northern New England

Lang McLaughry Commercial leases 2,100 s/f at 331 Olcott Drive

LANG MCLAUGHRY COMMERCIAL completed the long-term lease for the Vreeland Clinic at 331 Olcott Dr. The Vreeland Clinic offers a variety of chiropractic services and is owned and operated by Dr. Court Vreeland, DC and Dr. Carrie Grandt-Vreeland, DC. Dr. Court Vreeland was quoted as saying, "Our purpose at the Vreeland Clinic is to provide the most advanced and comprehensive health care available without the use of drugs or surgery." Bruce Waters, CCIM, senior broker for LANG MCLAUGHRY COMMERCIAL said, "The Olcott Professional Center is centrally located to the Upper Valley patient base and offers convenient access from I-91." "The Center is also the location of the White River Family Practice and Gifford Medical Center's Advanced Physical Therapy, both organizations will be synergetic with the arrival of the Vreeland Clinic." The Olcott Professional Building is a professional office building offering space, not only to the medical field, but IT and other professional businesses. LANG MCLAUGHRY COMMERCIAL represented the landlord and appreciated the assistance of Cheryl Herrmann of ReMax Group One of Norwich, VT for introducing the tenant to the facility. LANG MCLAUGHRY COMMERCIAL has been servicing the needs of the Upper Valley commercial real estate market for over 40 years with its principle office in West Lebanon, N.H.
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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