News: Front Section

McKinnon of The Grossman Companies, Inc. handles 3,900 s/f lease for Braintree Executive Park

Forward Advantage, a medical software development and consulting firm, has leased 3,900 s/f at 100 Grossman Dr. Richard McKinnon, director of brokerage services for The Grossman Companies, Inc., handled negotiations for the landlord, Braintree Executive Park LLC. Forward Advantage was represented by Antonietta O'Toole of Gemini Real Estate. McKinnon said among the many reasons Forward Advantage chose the location are its highway and public transportation access, ample parking and building amenities. In the past year several tenants renewed leases at Braintree Executive Park including the Building Trade Employers' Association of Boston and Eastern Massachusetts, Inc.; Rockland Trust Co. which renewed its lease and expanded; and Bank of America. Among other long-term tenants in the office park are Tremont Federal Credit Union, Strategic Staffing Solutions, and Manpower International. Forward Advantage employs medical software to help medical facilities integrate health care information systems that improve clinical workflow and patient care, maximize resources, and meet patient safety initiatives and HIPAA requirements. Many of their clients across the U.S. have won awards for quality of care. The Grossman Companies, Inc., offers a full range of brokerage services, with a focus on sales and leasing of commercial property throughout New England. For more information, contact Richard McKinnon at 617-472-2000. The company's new website is www.thegrossmancompanies.com.
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Ask the Electrician:  How do I prepare my commercial building for a disaster?

Ask the Electrician: How do I prepare my commercial building for a disaster?

New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
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.
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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