News: Front Section

Nordlund Associates, Inc. completes two leases totaling 10,500 s/f to Mutoh America Inc. and SMC Corp.

Mutoh America Inc. and SMC Corp. executed 10,500 s/f of leases on the 1st floor of 99 Rosewood Dr., a 74,000 s/f office building. Nordlund Associates, Inc. is the exclusive agency representing the owner, Construction Planning & Management (CPM) at 99 Rosewood Dr. Nordlund secured Mutoh America Inc. Cynthia Carney of Carney & Company. LLC represented SMC Corp. in the transaction. CPM acquired the property in 2012, and working with Nordlund stabilized the asset by retaining the current tenants in the building, as well as leasing the entire 1st floor with SMC and Mutoh recent lease commencement. Recent capital improvements were put into the building including renovation of common bathrooms, repairs to roof, and ongoing renovations include a new fitness center, café, and training center. Nordlund is a full service commercial real estate firm serving Tenants, Landlords and investors by facilitating acquisition and/or divestiture of properties through traditional and innovative strategies. We attribute our success to our knowledge, expertise, personalized service and entrepreneurial values. Creative solutions, adjustments and decisions are made on the go.
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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