Marr of Keliher R.E., Carucci of Group Boston R.E. broker 6,200 s/f
Douglas Marr of Keliher Real Estate Commercial Division and Michael Carucci of Group Boston Real Estate have master leased the entire building at 254 Newbury St. to One World Cuisine. The 6,200 s/f building will be the new home of a new venture by One World called Mumbai Chopstick. This restaurant will be a fusion of Asian and Indian cuisine. The two top floors of the building will be thier corporate headquarters for One World and the restaurant will take the lower level with patio seating and the upper parlor level floor. There is six parking spaces in the rear of the building that is incorporated with the master lease of this propery. Grand Opening for Mumbai Chopstick was in late April. One World also owns Mantra in downtown crossing Temple Place and Kashmire Ibdian Cuisine in the Back Bay on Newbury St.
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 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