Lee of Colliers Meredith & Grew executes 15,000 s/f lease for Allurent
Allurent, Inc. has executed a new 15,000 s/f lease to relocate and expand its headquarters at The American Twine Building at 222 Third St.
Colliers Meredith & Grew senior vice president Theodore Lee represented both Allurent and the landlord, Transatlantic Investment Management, Inc.
Built in 1875, The American Twine Building is a four-story, 114,364 s/f office building.
"Colliers, Meredith and Grew has been a valued resource to us over the years, assisting us in each transitional phase," said Joe Chung, co-founder and CEO of Allurent. "Once again, they succeeded in making our move as painless as possible - finding us an ideal location in record time."
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