News: Front Section

O’Brien Commercial Properties completes 21,352 s/f in leases

Marlborough, MA O’Brien Commercial Properties (OCP) has completed 21,352 s/f in leases. The leases include the following: 

257 Simarano Drive - Marlborough, MA

• Phio Pharmaceuticals Corp. extended its 7,500 s/f lease for offices and lab space at the Marlborough Technology Center at 257 Simarano Dr. in the technology sector alongside neighboring technology companies such as GE Medical, Hologic Corp. and IPG Photonics. Eric O’Brien, president at OCP, represented 257 Simarano LLC in this lease. 

86 South Street - Hopkinton, MA

• Alakai Technologies Inc. has expanded its presence at 86 South St. in Hopkinton and secured an additional 7,000 s/f of office and flex space. OCP and Greater Boston Commercial Properties Inc. represented the building owner, JEEBO Management LLC, in this lease.

43 Nagog Park - Acton, MA

• Magnus Textile has leased 2,852 s/f at 43 Nagog Park in Acton. Landlord, GFI Partners, is headquartered in Boston. Sean Fraser of OBC and Aaron Racette of The Stubblebine Co. represented the landlord and Fraser also represented the tenant. Magnus Textile relocated from 127 Riverneck Rd. in Chelmsford.

1000 Mount Laurel Circle - Shirley, MA

• US Technologies has leased 4,000 s/f at 1000 Mount Laurel Circle in Shirley. Landlord, Senate Construction, is also headquartered at this property. Fraser represented US Technologies and relocated them from 28 Lord Rd. which Fraser sold late last yea

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