News: Spotlights

McKinnon of Grossman Cos. leases 6,682 s/f at 54 Washington St.

Newton Wellesley Orthopedic Associates has leased 6,682 s/f at 54 Washington St. (Rte. 16), a newly-renovated first class medical office building in Wellesley's business district. The practice has expanded its office to include this new facility. Representing Newton Wellesley Orthopedic Associates in lease negotiations was Richard McKinnon, director of brokerage services for The Grossman Companies, Inc. of Quincy. Representing the landlord was Mike Wilcox of The Bulfinch Cos. of Needham. The building was recently acquired and significantly renovated by Bulfinch. The 10 board-certified surgeons focus on orthopedics and sports medicine, and many of the doctors have sub-specialties including sports injury and prevention, joint reconstruction, and spine and hand surgery. They are health care consultants to Mass. Premier Soccer and team physicians for the Boston Bulldogs and the Boston Renegades, as well as many local high school and college athletic teams.
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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