News: Front Section

McKinnon of The Grossman Companies brokers 3,738 s/f lease to Konika Minolta Business Solutions U.S.A., Inc.

Konika Minolta Business Solutions U.S.A., Inc., a world leader in document imaging and management technologies, signs a long term lease at Ten99 Hingham St. for 3,738 s/f at this first-class office building. Making the announcement was Richard McKinnon, director of brokerage services at The Grossman Companies, who represented the landlord, Rockland Haverstraw LLC. Konika Minolta was represented by Peter Whoriskey, senior associate at Cushman & Wakefield. McKinnon says there are several draws for firms at Ten99 Hingham St.: the location at the junction of Rtes. 3 and 228, recent common-area improvements, first-class downtown-style space in a suburban setting, ample free parking, and management provided by The Grossman Companies, Inc. Ten99 Hingham St. is also home to offices of UBS Financial Services; Cutter Associates; NTT Data; and The Great American Insurance Company (GAIC). The Grossman Cos., offers a full range of brokerage services, with a focus on sales and leasing of commercial property throughout New England.
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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