Nohrden of Burgess Properties Inc. represents Crescent Avenue Co., Inc. in 23,000 s/f lease to Cinco De Mayo Mexican Foods
Burgess Properties Inc. has leased 23,000 s/f of industrial space at 224 Crescent Ave.
Roy Avelleneda of Boston Metropolitan Real Estate procured the tenant, Lynn-based Cinco De Mayo Mexican Foods. The family-owned food production company, whose primary products are corn tortillas, has been growing in recent years. Their move to 224 Crescent Ave. will more than double their previous production space.
Steve Nohrden of Burgess Properties represented the landlord, Crescent Avenue Co., Inc., in the lease negotiation.
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 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!
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 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