News: Front Section

O'Brien of Greater Boston Commercial Properties, Inc. leases 17,000 s/f to Abbess Instruments

Bret O'Brien of Greater Boston Commercial Properties, Inc. recently leased 17,000 s/f of space at 75 October Hill Rd. to Abbess Instruments. 75 October Hill Rd. is a 60,000 s/f warehouse and office building located in the New Englander Industrial Park. The space consists of 13,000 s/f of warehouse space and 4,000 s/f of office space. The move represents an expansion for Abbess from the 4,800 s/f industrial condo it owns at 70 Bartzak Dr. as well as a secondary warehouse in the same park. O'Brien was the sole broker of record in the lease transaction. Abbess Instruments is an innovative company which designs and manufactures custom instrument components and systems for research and development.
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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