News: Front Section

Morgan of Parsons Commercial Group reps. Vermont Pure in 23,966 s/f lease

Matthew Morgan of Parsons Commercial Group, Inc. (PCG) represents Vermont Pure Holdings, Ltd. in leasing 23,966 s/f at 95 Shawmut Rd. within the Shawmut Business Park. Vermont Pure Holdings, Ltd. is the one of the largest independent home and office distributor of water, coffee and other home and office refreshment products. The company bottles and distributes natural spring water under the Vermont Pure brand and purified water with minerals added under the Crystal Rock label. In April, Vermont Pure Holdings, Ltd. acquired the assets of Blue Hills Spring Water Company, Inc. of Quincy, Mass. Blue Hills is better known by its popular brand Monadnock Mountain Spring Water. "With Vermont's recent acquisition of additional market share in the Boston area, securing 95 Shawmut Rd. was an outstanding opportunity to strategically reorganize their distribution operations," said Morgan. "All of this combined with the building's superior quality and strong ownership group, made for an easy decision." Parsons Commercial Group, Inc., (PCG) is a commercial real estate firm based in Framingham, Mass. The company is a leading provider of commercial real estate services including, tenant and landlord representation, investment sales, property and asset management, development and construction management, advisory and distressed asset advisory services. With a portfolio of over 2 million square feet, PCG is one of the largest owners of real estate within the Suburban Boston market. For more information, please visit our website at www.pcg-ma.com.
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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