News: Spotlights

New Dover Association leases 5,104 s/f at 134 Flanders Rd. to Toll Brothers, Inc.

Scott Hughes, president, Stephen Bradley, senior vice president and John Hughes, associate of New Dover Associates, Inc. of Framingham represented the property's owner, Baltic Westborough LLC, an affiliated entity of The Baltic Group, LLC, in a recent lease transaction at 134 Flanders Rd. toToll Brothers, Inc. Toll Brothers, Inc. leased 5,104 s/f of office space on the second floor of the building. Hank Amabile, senior vice president and John Coakley, advisor of Grubb & Ellis Company represented Toll Brothers, Inc. 134 Flanders Rd. is a three story brick office building totaling 57,000 s/f on 5.84 acres of land and is located within 1.5 miles of I-495 at the interchange of Rte. 9 West (Exit 23B) and two miles to I-90 (Mass Pike). New Dover Associates, Inc. is the exclusive leasing agent for 134 Flanders Rd. In another transaction, New Dover Associates, Inc. brokered a lease transaction for 4,606 s/f to Becker College at 337 Turnpike Rd., Southborough on behalf of the landlord, KS Partners, LLC. Scott Hughes, Stephen Bradley, John Hughes and Richard Morocco, associate of New Dover Associates, Inc. represented both the landlord and tenant in this transaction. 337 Turnpike Rd. is a two-story building encompassing 38,736 s/f of office/flex space. New Dover Associates, Inc. is the building's exclusive leasing agent.
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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