News: Front Section

Leitner and Lowe of Cresa Boston arrange 15,247 s/f lease for AKF Group

Brandon Leitner and Rick Lowe of Cresa Boston represented AKF Group in a 15,247 s/f office lease at 99 Bedford St. in downtown. Presently occupying 7,820 s/f at 41 Farnsworth St. in the city's Innovation District, AKF is targeting spring 2014 as a move-in date to the five-story, 84,000 s/f standalone office building, where it will occupy the entire second floor. Barry Dubé and Kari Panutich of Cresa's project management group will oversee and manage the construction and relocation to the building. The landlord, Plymouth Rock Assurance, was represented by Ted Wheatley, Dan Cavanaugh, and Brad McGill at Jones Lang LaSalle. According to Leitner, Brian Mulkerrin, PE, Managing Partner of AKF Boston, AKF views 99 Bedford Street as the perfect building and location for expanding its operations in Boston. Cresa LLC, the nation's largest corporate real estate advisory firm exclusively representing tenants, is headquartered in Boston. Cresa is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services. With almost 60 offices, Cresa is one of the largest tenant representation firms in North America.
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Ask the Electrician:  How do I prepare my commercial building for a disaster?

Ask the Electrician: How do I prepare my commercial building for a disaster?

New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
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