News: Front Section

Martignetti of Avenue Management arranges 6,503 s/f in three leases at 237 Lexington Street

According to JP Martignetti of Avenue Management they have adding three new tenants to the class A office property at 237 Lexington St., bringing the property to over 97% occupied. Vtech Telecom LLC, Meyer Orthodontics PC and Promedical LLC have all signed on, bringing additional elements to the tenant mix with focuses on medical and technology services. The three leases total 6,503 s/f. 237 Lexington St. features an impressive three level atrium with a cherry finished floating staircase and ample natural light. Tenants including a health and fitness center, bank and dentist provide additional amenities to employees and clients while encouraging marketing exposure for cross pollination. The property includes free parking, signage opportunities and on-site management. Tenants enjoy the proximity to retail shopping and restaurants with this fantastic location with nearby Wayside Commons and the Burlington Mall. The central location provides ease of access to surrounding communities including Lexington, Winchester, Burlington and Woburn as well as access to I-95 and the MBTA.
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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