News: Spotlights

Phoenix Park leases 525 s/f to Frontier Adjusters in Shirley

Phoenix Park, a 300,000 s/f state of the art business center, recently leased 525 s/f of office space to Frontier Adjusters. Frontier Adjusters offers independent multi-line claim adjusting, appraisal and inspection services to the insurance industry. The nature of the assignments is very diverse, ranging from private passenger auto appraisals, residential property damage estimates and various claims. Frontier Adjusters joins over 50 businesses at Phoenix Park and is located in Building B on the ground floor. "We're thrilled to welcome Frontier Adjusters as our new tenant," said Eric Shapiro, managing partner of Phoenix Park, a mixed-use office and industrial park located at 2 Shaker Rd. "We wish them the best of luck at their new location and look forward to working with them." Phoenix Park is a refurbished 12 building mill complex set upon a 56-acre campus. Located within close proximity to Rte. 2, 495, 190 and the commuter rail, the facility provides office and flex space with historic charm, modern day conveniences and numerous amenities including a shared conference center, a fitness room, marketing assistance and much more. Phoenix Park also recently leased office space to Warren's Office Supplies, an independent family owned and operated company selling office supplies, furniture and equipment. The company was founded in 1981. They occupy space on the second floor of Building B at Phoenix Park.
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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