News: Front Section

Normandy R.E. completes multi-million renovations of 99 Summer St. in Boston

Normandy Real Estate Partners has completed a multi-million dollar renovation to the lobby of 99 Summer St., Normandy's Boston headquarters. 99 Summer St., a 20 story 272, 614 s/f first class office tower, underwent renovations to its 5 story atrium lobby, elevator cabs, and common areas on select floors. An open house was held and attracted more than 140 members of the Boston brokerage community. The lobby upgrades at 99 Summer include lighting enhancements punctuated with custom-designed six-foot fixtures, an architecturally designed circular wood and glass paneled security desk. The walls are decorated with black and white photography of Boston's historical architecture by local photographers Bruce Martin & Vivian Avery. "We wanted to give our tenants something upscale and modern that is consistent with the first-class nature of our building and the companies that occupy it," said Justin Krebs, a principal at Normandy. Renovations to the remaining floors will be completed in a phased program to match the improvements made on floors two and eight. Fusion Design Consultants of Boston was the interior designers for the project. CB Richard Ellis is the exclusive leasing agent for the property.
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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