News: Retail

Neville Cos. selected by Stop & Shop Supermarkets to manage 500,000 s/f

Neville Companies, Inc. was selected by Stop & Shop Supermarket Cos. to manage eight commercial properties comprised of over 500,000 s/f of retail and office space throughout New England. These properties, tenanted with local and national leaseholders alike, range in size and include an 180,000 s/f Stop & Shop anchored shopping plaza in downtown. Geoffrey Grab, Neville's director of business development, cultivated a relationship with the Stop & Shop Supermarket over the past several years of his career, and through his efforts, this contract was brought to Neville. Neville's Mass. office will handle the management of the Stop & Shop assignment under the supervision of Roger Tyler, director of property management, Geoffrey Grab, senior property manager and Lori DeSantis, property manager. Neville has been providing real estate and investment services in New England since 1989, with an emphasis on experience, integrity and competence. Neville is known throughout the region as a company that prides itself in customizing its services to meet the best interests of each client. Visit www.nevilleco.com to learn more.
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Columns and Thought Leadership
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