Paramount Props. and Stone Tower Props. sell 2,500 s/f office condo
Daniel Cregan of Paramount Properties Group and Jack Braverman of Stone Tower Properties have sold the 2,500 s/f first floor office condominium at 875 Centerville Rd. for $425,000
Cregan represented the seller, Sandra Farrow and Braverman represented the buyer, The RI Dental Association.
The Dental Association purchased the first floor office condominium in the development known as Centerville Commons which is a four building office development. The unit purchase by RI Dental was in Building #4 and the space is known as Unit #12.
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