Moore of Peter Scotti & Assoc. sells 127,000 s/f Paragon Mills: sold by ABC Realty Co. to Olneyville Housing Corp.
James Moore of Peter Scotti & Associates has sold the Paragon Mills, a 127,000 s/f commercial building on 3.5 acres at Manton Ave. in the West End. Moore represented the seller, ABC Realty Co. The buyer was Olneyville Housing Corp. with plans to convert the site into a mixed use redevelopment.
The Paragon Mills is a 3-story mill building, formerly the home of ABC Manufacturing, which sold for $1.2 million.
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 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!
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 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