O'Connor of Joyce B. O'Connor Real Estate completes 10,050 s/f in leases
Joyce O'Connor of Joyce B. O'Connor Real Estate recently completed the following transactions:
* Oakman Enterprises Inc. has leased 4,000 s/f at 208 Southbridge St. Oakman is a construction company and also has a complete line of hardware. Anthony Oakman is the prinipal and Gary Pike is the owner of the property. O'Connor represented both the tenant and the owner.
* Extreme Dance Academy is now located at 45 River St., Millbury. The tenant moved from Rte. 146. The dance academy is 3,000 s/f . Owner of the former mill is Vadteck. O'Connor represented both the lessee and the lessor.
* Stephanie Atchue leased 1,250 s/f at Westside Palza at 850 Southbridege St. The plaza is owned by VJD Partners.
*Miracle Ear of Auburn has moved from the Sears store to 1,800 s/f at 567 Southbridge St. at the Heritage Plaza. Don Gross the franchisee has done the renovations and has signed a five year lease. O'Connor represented both the tenant and the owner, Heritage Mall Associates.
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 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!
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 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