News: Front Section

NAI Hunneman brokers 21,437 s/f lease for B&H Peabody Property LLC

NAI Hunneman's Suburban Leasing Group has brokered a 21,437 s/f new office lease at 9 Centennial Dr., bringing full occupancy to the building. Atlantic Semiconductor LLC signed a long term lease. NAI Hunneman represented the landlord, B&H Peabody Property LLC, in the transaction. Chris Curley of Newmark Real Estate LLC represented the tenant. "With this new lease, 9 Centennial Dr. is now 95% leased," said David Gilkie and Mike McCarthy both of NAI Hunneman, whose firm serves as an exclusive leasing agent for the property. "We're pleased to welcome Atlantic Semiconductor as the newest tenant in this building." Build in 1986, the two-story, 74,800 s/f flex building is located in Centennial Office Park. Situated off Rte. 128, Centennial Office Park is one of the area's largest master planned business parks. The location offers access to Rte. 128/95 and Rte. 1, and is 15 minutes to Logan Airport. Corporate neighbors include Analogic, Saucony, Boston Acoustics and Cardinal Health, among others. The office park also has many amenities including the Peabody Marriott, the Mainstay Suites, several dining options, and the North Shore Mall. NAI Hunneman's Suburban Leasing Group, which includes James Boudrot, Brendan Daly, David Gilkie, Evan Gallagher, Stephen James and Michael McCarthy, specializes in the representation of tenants and landlords in the greater Boston suburbs and along Rte. 128 and I-93.
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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