Lincoln Property Company leases 20,000 s/f at 10 Forbes Rd., Woburn
The Boston office of Lincoln Property Company has negotiated a 20,000 s/f office lease at 10 Forbes Rd. on behalf of the landlord, Northland Investment Corporation of Newton.
The tenant, Shore Educational Collaborative, offers special educational and day services for behaviorally and academically challenged students and adults. The Collaborative also offers consultation, professional development and operational services to educators and school administrators. Each year, the Collaborative serves more than 150 students, 300 adults and 3,000 educators. The Shore Educational Collaborative is headquartered in Chelsea.
Lincoln Property Company's Rob Cronin, vice president, represented the Northland Investment Corporation in the ten year lease to Shore Educational Collaborative which was represented by Jim Boudrot, senior vice president and Evan Gallagher, vice president of NAI Hunneman Commercial.
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