News: Front Section

McKinnon of The Grossman Companies leases 20,000 s/f for Lightning Express at 370 McClellan Highway

Lightning Express, a freight trucking, forwarding and warehousing firm, has leased 20,000 s/f at 370 McClellan Highway (Route 1A). Making the announcement was Richard McKinnon, director of brokerage services for The Grossman Companies, Inc., and exclusive broker for the property, who represented the landlord in the transaction. Representing the tenant was Grubb & Ellis. 370 McClellan Highway is ideal for air freight as it is close to Logan International Airport's main entrance. The building includes 13 loading doors, a drive-in door, 20' ceilings and overhead heaters. It is fully sprinklered, with HVAC in the office areas. Last month, McKinnon leased 10,500 s/f to another air freight handler, GMS Transportation, at nearby 230 McClellan Highway. 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 leasing information contact Richard McKinnon at 617-472-2000; richmck@grossmanco.com. The company website is www.grossmanco.com.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
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