News: Front Section

McFarland of Avison Young represents Peregrine Energy Group, Inc. in 3,337 s/f lease

Avison Young brokered a 3,337 s/f lease at 2 Oliver St. Avison Young principal Karyn McFarland represented the tenant, Peregrine Energy Group, Inc. Ryan Hurd, associate from Cushman & Wakefield, represented the landlord, P6/Saracen 2 Oliver Real Estate, LLC. Located in the Financial District of the city, 2 Oliver St. is an eleven-floor, 270,302 s/f office building overlooking Post Office Sq. Occupancy is slated for the fall. "Boston's focus on advancing technology has created an ideal atmosphere for renewable energy firms to flourish and Avison Young looks forward to helping other firms locate in the area," said McFarland. Founded in 1992 by former Commissioner of Energy Resources for the Commonwealth of Massachusetts Paul Gromer, Peregrine Energy Group, Inc. is an energy consulting firm with a unique expertise in data visualization. They offer a deep knowledge of energy efficiency and renewable energy and a passion for making energy information easy to understand, use, and share with others. About Avison Young Founded in 1978, Avison Young is Canada's largest independently-owned commercial real estate services company. Headquartered in Toronto, Ontario, Avison Young is also the largest Canadian-owned, principal-managed commercial real estate brokerage firm in North America. Comprising more than 950 real estate professionals in 32 offices across Canada and the U.S., the full-service commercial real estate company provides value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-residential properties.
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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