News: Front Section

Panasis and Kelley of Brady Sullivan arrange 40,591 s/f in leases

Brady Sullivan Properties has completed two leases at 670 Commercial St. Goodman Networks has signed a long term lease for 13,591 s/f of space. Goodman Networks, one of the largest end to end telecommunication service companies in the U.S., has moved into new space at one of the city's signature addresses. The turn key build out was done to Goodman's specific needs and culture of their particular office space. Brady Sullivan also completed a major multi-year term transaction with Premier Education Group for over 27,000 s/f. The career training organization is occupying space on the 4th floor which was a turn-key build out completed by Brady Sullivan for their Nursing program. "The Jefferson Mill offers a great space for this organization due to its ability to facilitate laboratory space and lecture rooms. The career school has continued its occupation at the Jefferson Mill with a number of expansions due to the capabilities of the versatile Mill space" said Charles Panasis, director of commercial real estate, Brady Sullivan. Panasis and Benjamin Kelley represented the landlord, Brady Sullivan, while Premier Education Group represented themselves. Both transactions were turn key build outs utilizing the Brady Sullivan architectural and construction team. Brady Sullivan Properties owns and operates more than 3.5 million s/f of commercial space in the southern NH region and also has a significant residential division as well.
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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