News: Front Section

Newmark Knight Frank completes five new office leases totaling 64,572 s/f for Campanelli-TriGate

Lobby rendering at 250 Royall Street - Canton, MA

Stoughton, MA According to Newmark Knight Frank (NKF), executive managing director Michael Frisoli, senior managing director Richard (Tyler) McGrail and associate Margaret Fee have completed 64,572 s/f in office lease transactions on behalf of owner, Campanelli-TriGate, at 100 Technology Center Dr. in Stoughton, and 250 Royall St. in Canton.

“It is our pleasure to represent Campanelli-TriGate with its leasing interests,” said McGrail. “100 Tech and 250 Royall are top of the market offerings for first class office space with the urban feel of a city and the ease of a suburban commute.”

The team completed a 25,529 s/f lease to Comtech Telecommunications, a 6,051 s/f lease to Beth Israel Deaconess Hospital-Milton for administrative offices and a 3,808 s/f lease expansion for Diesel Direct at 100 Technology Center Dr. within the 188,311 s/f office building, named 100 Tech. 

In neighboring Canton, the team completed a 22,830 s/f lease for national engineering firm Woodard & Curran and a 6,389 s/f lease for software technology company Softrax, a division of Gold Acquisition Corp., at 250 Royall St. 250 Royall is a three-story, 187,000 s/f, newly revitalized, amenity rich office property with a first class workplace setting focused on supporting the corporate goals of its tenants and facilitating their ability to recruit and retain the best employees. The winning combination of a highly visible Rte. 95/128 location, a five space per 1,000 s/f parking ratio, new high-quality amenities and a strong ownership make it an unmatched office space solution.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
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