News: Front Section

My Montessori leases 5,000 s/f of classroom space from Cummings Properties

Cummings Properties welcomed new client My Montessori of Woburn, which opened at 100 TradeCenter in September. Converting traditional office space into warm, welcoming Montessori classrooms was a challenge for Cummings Properties designers, said leasing director Rob Yacobian. So was the shortened production schedule, which had designers and construction crews working diligently to get the space ready for the first day of school. "It was a big project, and we had about half the usual time to get it done," Yacobian said. "My Montessori needed everything completed in time to hire staff and hold open houses." Puja Jain of Lexington, owner of My Montessori, said, "It was a blessing working with Cummings Properties. When they started, the space was just a blank slate, and now people say it has so much warmth. The school never would have happened without them." My Montessori, occupying more than 5,000 s/f of classroom and playground space, is located on the campus of TradeCenter 128.
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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