News: Northern New England

Luers of Tamposi-Nash R.E. sells 335,165 s/f to Two C Pack Systems

William Luers, president of The Tamposi-Nash Real Estate Group, Inc., has represented the buyer of 100 Northwest Blvd. The 335,165 s/f building, situated on 38 acres, was purchased by Two C Pack Systems, Inc. of Nashua for $8.3 million. The building was constructed in 2003 by Corning Lasertron but was not completed. Two C Pack Systems is a manufacturer of boxes for the consumer product market. Their finishing of the building is expected to be completed this summer. Luers will act as development manager for Two C Pack Systems for their completion of the building. Aho Construction of New Ipswich is the contractor for the project. Cushman & Wakefield of NH represented the seller, Liberty Properties of Boston.
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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.
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The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

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