News: Front Section

O’Brien and Fraser of O’Brien Comm’l. sell 14,000 s/f for $1.3m

121 Brick Kiln Road - Chelmsford, MA

Chelmsford, MA GXP Properties has sold 121 Brick Kiln Rd. to Atlantic Restoration for $1.3 million. 121 Brick Kiln Rd. is a 14,000 s/f office building  located on four acres of industrial land off Rte. 3 and I-495. O’Brien Commercial Properties represented the buyer and seller in this transaction. Eric O’Brien and Sean Fraser of O’Brien Comm’l. were the brokers of record.

And in Acton, Highrock Covenant Church recently purchased two buildings on a four acre site. The buildings are at 255-257 Great Rd. Highrock will be opening their church campus at the site to soon serve the community. HighrockActon paid $1,412,500 for the real estate and $135,000 for the former Makaha Chinese Restaurant. In total they paid $1,547,500. O’Brien Commercial Properties handled the sale.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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