McKinnon of Grossman renews University of Phoenix lease at Braintree Executive Park
The University of Phoenix has renewed its lease for 21,300 s/f at Braintree Executive Park, 100 Grossman Dr. according to Richard McKinnon, director of brokerage services for The Grossman Companies, Inc. who represented both the tenant and the landlord, Braintree Executive Park LLC, in lease negotiations.
Braintree Executive Park consists of two Class A mirror-twin office buildings at 100 and 150 Grossman Dr. off Rte. 3 at Union St.
Among other long-time Braintree Executive Park tenants are Quadgraphics, Bank of America, Rockland Trust Co., Tremont Federal Credit Union, Harvard Vanguard Medical Associates, Strategic Staffing Solutions, and Manpower International, to name a few.
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 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