News: Owners Developers & Managers

NAI Hunneman named property manager of 1010 Mass. Ave. by the city of Boston

NAI Hunneman Management & Development Co. was awarded a contract by the city of Boston for property management of 1010 Mass. Ave., a 220,770 s/f, 6-story office building off I-93 in Boston's South End. The building at 1010 Mass. Ave. is a key property for the city, housing several essential municipal departments including the Inspectional Services Department, Fire Prevention Division of the Boston Fire Department, Parks Department, and Public Health Commission. Second to City Hall, 1010 Mass. Ave. is the most heavily visited building for city services. Additionally, the building accommodates offices for American Data Storage, Inc. and Boston Medical Center's Public Health Commission. "We're very excited to partner with the city of Boston, and to provide quality services for this highly trafficked and critical office building," said Andrew Ravech, vice president of New Business Development of NAI Hunneman Management & Development Co. 1010 Mass. Ave. boasts a desirable location that is a short distance from key educational institutions such as U. Mass. Boston and Northeastern University as well as major junctions such as Roxbury Crossing, Bayside Expo Center, Columbus Park, and Boston Medical Center Harrison and East Newton Campuses. The location features high commuter visibility and easy access to public transportation and the Mass. Tpke. (I-90).
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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