News: Northern New England

Lape of King Real Estate brokers 7 leases

Danielle Lape, associate broker of King Real Estate, negotiated 7 leases totaling 4,800 s/f. * Hannaford Brothers leased 400 s/f of office space at Meadowbrook Plaza at 647 U.S. Rte. One. Kent White of CBRE/New England represented the tenant. * Steve Rizzo leased 800 s/f of retail space at Meadowbrook Plaza. * Danielle Parkhurst leased 300 s/f of office space at Meadowbrook Plaza. * Cool Jewels renewed a lease for 1,800 s/f of warehouse space at Meadowbrook Plaza. * Accurate Group Title leased 750 s/f of office space at Meadowbrook Plaza. * Kristen Rollins leased 200 s/f of office space at Casco Bay Professional Building at 367 US Rte. One in Falmouth. * Miquel's Color Service leased 750 s/f of office space at 125 Brewery Lane in Portsmouth, 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