News: Front Section

McKinnon of The Grossman Companies, Inc., signs Audio Concepts to 6,404 s/f

The landmark property at 870 Commonwealth Ave. on the Brookline-Boston line opposite Boston University remains 100% leased with the recent lease renewal by Audio Concepts for 6,404 s/f. Negotiations were handled by Richard McKinnon, director of brokerage services for The Grossman Companies, Inc., who represented the landlord, 860-872 Commonwealth Avenue Trust. Commonwealth Ave. has strong demographics, visibility, heavy vehicle and pedestrian traffic, access to the MBTA Green Line, and proximity to Boston University, downtown Boston, and key highways. Nearby neighbors include Boston University Residence Towers, John Hancock Student Village, and the Harry Agganis Sports Arena and Entertainment Complex. Other 870 Commonwealth Ave. tenants are 7-Eleven, East Coast Alpine, Elements Therapeutic Massage, Fenway Printing and The Renfrew Center. Audio Concepts won Boston Magazine's 2013 Best of Boston Home Design Award in the "Family Room, Audio/Visual" category. Audio Concepts is a leader in the design, installation and repair of all things audio and visual. Over the past 35 years, they have built a reputation in the areas of home entertainment systems, networking, residential and commercial audio and video equipment, lighting and security systems, and furnishings from leading manufacturers.
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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.
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