News: Retail

National Commercial Brokers opens 11th new stores for T-Mobile

According to Ed Gerwig and Brian Nadler of National Commercial Brokers (NCB), they have opened the 11th retail location for their client, T-Mobile in the last 16 months. The new retail stores of approx. 2,500 s/f are located in Mass., N.H. & R.I. Five additional leases are expected to be signed in the next thirty days for locations in Conn. & Mass. The recent openings include: *73 Winthrop Ave. in Lawrence, Mass. * 462 Washington St. in Brighton, Mass. Jonathan Dutch of The Dartmouth Company represented the landlord *409 Lynn Way in Lynn, Mass. Rob Robledo & Adam Cirel of Atlantic Retail represented the landlord *1667 Blue Hill Ave. in Mattapan, Mass. Annette Born of Urban/Born represented the landlord *21 Revere Beach Parkway in Medford, Mass. Jim Bagley of Atlantic Retail represented the landlord *14 McGrath Highway in Somerville, Mass. Dan Zelson of Charter Realty represented the landlord *800 Boston Rd. in Springfield, Mass. Chris Kelly and Adam Cirel of Atlantic Retail represented the landlord *240 Loudon Road in Concord, N.H. Frank Normandin of Summit Realty represented the landlord *1800 Woodbury Ave. in Portsmouth, N.H. Bob Anderson of Prudential Rush Realty represented the landlord *1410 Atwood Ave. in Johnston, R.I. *7 Newport Ave. in Pawtucket, R.I. T-Mobile will open nearly 250 units across the United States in 2007 and expects that number to grow to 300 units opened in 2008. NCB exclusively represents T-Mobile throughout N.E.
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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