News: Front Section

Nachtwey of CRG Commercial brokers $1.4m sale of 210 South Street

Boston MA J.C. Nachtwey of CRG Commercial has brokered the sale of 210 South St. in downtown for $1.4 million. What makes this transaction unique is the fact that the property, which consists of a 7,774 s/f single-user office condominium, is leased to the Commonwealth Massachusetts Division of Capital Asset Management, and is the headquarters for the state's unemployment bureau. "Having a strong long term tenant makes this acquisition a most attractive low risk addition to any real estate portfolio," said Nachtwey. Habib Aminpour of Otis Realty represented the buyer, Boston Common LLC. Nachtwey represented the seller, Boston Kenmore Realty LLC. Conventional financing with a small second mortgage provided by Brookline Bank. Nachtwey represents commercial properties in the Greater Boston area. He has been recognized as one of the leading commercial brokers in the area.
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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