News: Spotlights

McMahon of GVA Thompson, Hennessey & Ptrs. leases 5,067 s/f

Chris McMahon, vice president of GVA Thompson Hennessey & Partners represented the landlord, SMC Management, it its recent 7 year lease to SurfMerchants, LLC at 33 West St. SurfMerchants, LLC will move into a 5,067 s/f suite on the fifth floor of the building. The tenant was represented by Wil Catlin of Boston Realty Advisors. Internet development firm SurfMerchants, LLC was looking to expand from its former 177 Tremont St. location into a larger custom-designed space. 33 West St. proved to be the best solution for the Boston-based company which wanted to remain in Downtown Crossing with its close proximity to Park St. and Boston Common. 33 West St. was recently purchased from Core Investments, a Boston real estate investment and development firm, which still remains in the building. This building has experienced a recent flurry of activity with two leases previously signed and one pending in addition to the SurfMerchants lease. Located in the heart of Downtown Crossing, West St. continues its transformation with the expanded presence of Emerson College, Suffolk University, and new tenants, retail and dining amenities.
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Columns and Thought Leadership
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