News: Front Section

NAI Hunneman's James, Boudrot, Gilkie, Gallagher hired as brokers

NAI Hunneman has been selected as the broker for the Edgewood Office Park, a 43-acre, build-to-suit development. The suburban office team from NAI Hunneman, Steve James, executive vice president/principal; James Boudrot, senior vice president; David Gilkie, senior vice president; and Evan Gallagher, senior associate, will be leading the leasing and marketing efforts for the office park. The team was chosen for their ability to identify large tenants and their regional expertise in leasing.  The NAI Hunneman suburban office team has been active this year. "Edgewood Office Park offers the first class office environment and the expansion opportunities that growing companies need," said Boudrot.  "The Gutierrez Co. has a history as an excellent landlord providing innovative solutions for their tenants." The Gutierrez Co. plans for Edgewood Office Park include a three-building, mixed-use, class A office complex totaling 600,000 s/f. "We are excited to be working with NAI Hunneman on this project," said Doug Fainelli, VP of development of The Gutierrez Co. "With the experience and success of the suburban team we anticipate moving forward on the Edgewood Office Park development in the coming months." The complex will be along Rte. 62, three miles from I-93 and I-95. and about one mile from the North Wilmington MBTA Commuter Rail stop.  Zoned for industrial and office use the overall site is also masterplanned and permitted to include first class residential apartments.  The project encompasses the redevelopment of the former state-owned JT Berry Center site.  
READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
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.
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