News: Northern New England

Panasis and Kelley of Brady Sullivan Properties lease 50,000 s/f

Brady Sullivan Properties has completed two transactions at Brady Sullivan Technology Park. The YMCA of Strafford County has leased 26,762 s/f located on the ground floor of 35 Industrial Way. Brady Sullivan completed this custom, turn-key design, and build out within 60 days to meet the organization's occupancy deadline requirements. This is a full service complex offering, dance, aerobics, yoga, personal fitness and child day care according to Charles Panasis of Brady Sullivan. The YMCA represented themselves, while Charles Panasis and Benjamin Kelley worked on behalf of the landlord. A significant portion of the Brady Sullivan Technology Park has now been leased with an additional 22,000 s/f at the park being recently leased to E-Coast sales solution. E-Coast was represented by Eric Jackson of Cushman & Wakefield and the landlord was represented by their leasing team of Panasis and Kelley. Both transactions were turn-key build outs utilizing the Brady Sullivan architectural, planning and construction team which completed the build outs in under 60 days.
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Ask the Electrician:  How do I prepare my commercial building for a disaster?

Ask the Electrician: How do I prepare my commercial building for a disaster?

New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
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