News: Front Section

O'Brien Commercial Properties secures 45,200 s/f in Marlboro and Southboro

O'Brien Commercial Properties continues to lease space in the boroughs. O'Brien Comm'l. Props. recently completed five leases totaling over 45,000 s/f at industrial and flex locations within a half mile of exit 23C off I-495. Bret O'Brien represented Webco Engineering in a new lease of 12,432 s/f at 155 Northboro Rd. in Southboro. The company, which is relocating from their 16,000 s/f building which O'Brien Commercial properties sold at 45 Hopkinton Rd. in Westboro, manufactures custom equipment for the paper industry. O'Brien also represented Aspen Systems in a 10,770 s/f renewal at 24 Saint Martin Dr. located just off Rte. 495 exit 23C in Marlboro. Joel Aho of O'Brien Comm'l. Props. represented New England Optical Systems in a 7,500 s/f lease at 237 Cedar Hill St. At 257 Simarano Dr., O'Brien and Aho procured Qteros in a lease of the 8,900 s/f freestanding building I, while in the main building at the same address Eric O'Brien and Aho represented Simarano, LLC in a 5,600 s/f lease with Dotgain Systems.
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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