News: Front Section

Paradigm Properties signs Boathouse Group, Inc. to 11,000 s/f at 260 Charles Street

According to Paradigm Properties, Boathouse Group, Inc. has agreed to a 5 year lease for 11,000 s/f of space at 260 Charles St. Dan Krysiak of Newmark Grubb Knight Frank represented the building in the transaction and John Carroll III represented Boathouse Group, Inc. Paradigm is also planning a lobby renovation for the building. Fusion Design Consultants, an interior architecture firm based in Boston, will expose and enhance the brick and beam architecture of the original building while maintaining a new age contemporary feel. Fusion aims to complement and update the historic interior by accenting the brick with energy efficient light fixtures, and stainless steel accents; while creating visual interest with gradating paint colors in the atrium. The existing stone flooring will be enhanced with modern carpet and dated woodwork will be replaced with high gloss white laminate. Visitors will be able to access information on local attractions, dining options, and directions via an integrated iPad kiosk. The renovation is scheduled to be completed by April. 260 Charles St. is a 51,240 s/f office space constructed in 1886 as the original home of the United States Watch Company. In 2000, the original building structure was fully renovated and a new, 35,000 s/f addition was constructed. The two structures are connected via a four story glass atrium. The building was acquired in July 2012 by Paradigm. "We are very pleased to work with Fusion to add value to this historic property," said John Caldwell, managing director of Paradigm. "This renovation is in line with Paradigm's view of innovative office space that is well suited for leasing in the Greater Boston market."
READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
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