News: Front Section

Nahigian of Auburndale Realty Co. handles 42,500 s/f lease renewal

Ayer, MA Rob Nahigian, FRICS, SIOR, CRE, MCR of Auburndale Realty Co. has completed the lease renewal of 42,500  s/f of industrial/warehouse space at the Groton Ayer Realty Trust facility, 95 Fitchburg Rd. The space was renewed by PAK Technologies, Inc. of Milwaukee. Nahigian represented the landlord.

PAK is among the Midwest’s largest comprehensive blending, packaging and distribution companies. PAK operates nationally and internationally serving accounts with widely varying requirements. PAK’s customer base ranges from local accounts with uniquely specialized needs to involvement with the Federal Space Program. PAK has evolved under the guidance and vision of the owner and chief executive officer, Kevin Schuele in 1980. Over the years, the focus has changed to private label blending and packaging. PAK Technologies uses this space as a delivery location for its European customer base and building’s access to rail service. It also provided services at Logan Airport.

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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.
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The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

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