News: Spotlights

Newmark Knight Frank leases 18,400 s/f to O'Connor & Drew

O'Connor & Drew, P.C., a Certified Public Accounting firm that focuses on closely-held businesses and non-profit organizations, has signed a seven-year lease for 18,400 s/f at 25 Braintree Hill Office Park - a 165,000 s/f Class A office building located in one of the most desirable office parks outside of Boston. Managing director Tom Powers represented the tenant. The building's owner, The Flatley Company, represented itself. "O'Connor & Drew was formerly located at 1515 Hancock St. in Quincy. In order to promote efficiency, their operations needed to be reconfigured," said Powers. "We were able to find a higher quality building with a large rectangular space that was ideal for the tenant's needs while avoiding a disruption in employee commute." Braintree Hill Office Park is considered one of greater Boston's best office parks offering beautiful landscaping and panoramic views of the Boston skyline, Blue Hills Reservation and Quincy Bay. Located off Rte. I-93, it is also close to Rtes. 3 and I-95/128.
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Spotlights

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!
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CRE market continues to navigate and adjust - by Kristie Russell

CRE market continues to navigate and adjust - by Kristie Russell

The New Hampshire commercial real estate landscape has experienced notable fluctuations in recent years. Within the office sector, there has been a consistent uptick in available space since 2020, attributed to a wave of companies downsizing or closing their New Hampshire operations. However,
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!
Risk-based capital requirements: Impact of rules on commercial real estate loans - by Michael Chase

Risk-based capital requirements: Impact of rules on commercial real estate loans - by Michael Chase

Two popular sources of commercial real estate financing are banks and insurance companies. According to the Mortgage Bankers Association, banks and insurance companies combined hold 54% of the nearly $4.7 trillion in outstanding commercial mortgages as of the end of 2023. Both of these lender groups are subject to regulations
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