News: Front Section

Nohrden of Burgess Properties Inc. leases 15,200 s/f to Central Rock

Burgess Properties Inc., one of Greater Boston's premier suburban commercial brokerage firms, has leased 15,200 s/f of gymnasium space to Central Rock Gym at 127 Smith Place. Steve Nohrden of Burgess Properties, Inc. represented the tenant, Central Rock Gym. Central Rock Gym is a leader in indoor rock climbing and has existing locations throughout New England, from Hartford, Conn. to Watertown, Mass. The convenient Fresh Pond location at the intersection of Cambridge, Belmont, and Arlington offers excellent commuter access by way of Rte. 2 as well as the Alewife Red Line T stop. The gym features an unprecedented amount of free climbing (bouldering) space along with training areas, free weights, exercise machines, and a separate yoga studio. The landlord, Nashoba Realty Trust, was represented in-house by Peter True of True Associates.
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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