News: Front Section

Lupoli Companies sign American Capital Energy to 5,500 s/f at Riverwalk Properties

According to Lupoli Companies, American Capital Energy (ACE) has recently joined them at their premier 46-acre office campus, Riverwalk Properties. Securing a 5-year lease for 5,500 s/f of office space, Gerry-Lynn Darcy, vice president of real estate for Lupoli Companies believes ACE aligns perfectly with Riverwalks business environment and her company's approach to procuring innovative entrepreneurs and businesses ACE is a solar engineering, procurement and construction contractor and solar developer. ACE provides end-to-end project development, financing, EPC, and asset management services for medium and large-scale distributed energy projects across the United States. Founded in 2005 by Tom Hutton and Art Hennessey the partners had the vision of becoming one of America's leading solar integration companies. Since its' founding, ACE has grown from a small start-up firm with an idea, into one of the largest full service commercial and utility scale solar companies in the United States. ACE moved their headquarters from Lowell, into their newly renovated space at Riverwalk. "We take a strategic approach to developing a complimentary blend of businesses at Riverwalk. American Capital Energy is a great addition to our growing list of successful and innovative tenants," said Darcy. Lupoli Companies Real Estate Division is a vertically integrated owner, operator, and developer of commercial and mixed-use real estate with a portfolio that includes more than 3.6 million s/f of property. From adaptive reuse and asset repositioning of historic mill buildings to ground-up construction and comprehensive property management, Lupoli Companies Real Estate Division combines proven expertise, a diverse set of capabilities, and a strategic approach to enhance operational performance and productivity.
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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