Murray of The Katz Cos. brokers two sales totaling $1.79 million
J. Comeford Realty, LLC has purchased two buildings in the Boulder Industrial Park. 12 and 14 Boulder Park Way were purchased for $1.14 million. The buildings totaled 17,000 s/f of space.
The industrial buildings will be used by Utility Trailers Of New England, Inc. to service and repair tractor trailers. Andy Murray of The Katz Companies was the sole broker.
In addition 45 Sword St in Auburn, Mass. has been purchased by Cansoni Realty Massachusetts, Inc. The property is 1.4 acres and includes a 12,000 s/f warehouse building.
Cansoni will use the building for food warehouse and distribution. The purchase price was $650,000.
Murray introduced the buyer and another broker represented the seller, Sword Street Trust.
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