News: Front Section

NAI The Dunham Group brokers six recent leases

According to NAI The Dunham Group, it has completed the following recent transactions: ABL Electric leased 1,500 s/f of warehouse space at One Industrial Way from AIM Industrial Way, LLC. Tripp Corson from NAI The Dunham Group brokered the lease. Pet Quarters leased 6,500 s/f of retail space at 337 Main St. in Waterville, from VIP. Charlie Craig from NAI The Dunham Group and Craig Young from CBRE The Boulos Company brokered the lease. Downeast Beverage renewed their 2,000 s/f retail space lease at 79 Commercial St. from Olympia Cos. Craig brokered the lease. Claesen's USA, LLC leased 1,500 s/f of office space at 496 Congress St. from Beaver Block, LLC. Thomas Moulton, CCIM, SIOR from NAI The Dunham Group brokered the lease. The Turf Doctor leased 3,000 s/f of industrial space at 26 Evergreen Dr. from AIM Evergreen, LLC. Corson and Greg Hastings, SIOR, from NAI The Dunham Group brokered the lease. In Scarborough, Donald G. Griffin 2009 Trust leased 9,600 s/f of mixed use space at 7 Glasgow Rd. from Gibson Realty, LLC. The lessee is giving the rented space (free) to Partners for World Health, a non-profit organization. Hastings brokered the lease.
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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