News: Front Section
Posted: March 6, 2014
O'Brien Commercial Properties, Inc. completes multiple leases totaling 28,018 s/f
Shortly after Jabez LLC purchased 336 Baker Ave., brokerage firm O'Brien Commercial Properties, Inc. completed a leasing campaign that secured ten new tenants. The 23,000 s/f complex of two buildings is now fully occupied.
O'Brien Commercial has opened a small satellite office at this location and is considering relocating its corporate headquarters to Concord by the end of this summer. New tenants include JF White Construction, The MBTA and 1 on 1 Self Indulgence.
O'Brien Commercial has also arranged a 5,018 s/f lease at 2 Shaker Rd., Phoenix Park in Shirley, with Bisousweet Confections, LLC.
Pheonix Park is a multi-tenant fully restored and renovated brick mill complex that caters to small and medium sized businesses. Bisousweet is relocating from Minuteman Airfield in nearby Stow.
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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
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
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 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