News: Front Section

Mulroy of O'Brien Commercial Properties, Inc. handles sale of 56 Newhall Street, Lowell, MA

R-Squared has recently purchased 56 Newhall St. from Carolyn's Folly Inc. for an undisclosed price. Paul Mulroy, senior vice president of O'Brien Commercial Properties, Inc. represented the seller and procured the buyer. R-Squared is a mid-market, full-service used furniture refurbisher servicing the metropolitan Boston area for over 18 years. Carolyn's Folly Inc. owned the property for over 25 years, previously housing a family business that was sold 2 years ago. Also, Time Value Property Exchange and several of its related companies have secured a lease for 2,380 s/f of office space the Concord office center at 2352 Main St. in Concord. Landlord R&G Partners LLC agreed to custom a design build a deluxe suite consideration of a 5 year lease term. O'Brien Commercial represents R&G Partners and procured the tenant.
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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