Piroumoff of Wm. R. Smith Realty brokers 5,420 s/f office lease
WPI Properties has leased the entire second floor of its renovated industrial building at 41 Mechanics St. George Piroumoff, CCIM of Century 21 Wm. R. Smith Realty represented the owner of the property, White Point Imaging. The tenant, The Donohue Group Inc., was represented by Virginia Vinci, senior associate with H. Pearce Company in Rocky Hill.
The brick building is located directly across the street from the Windsor train station. DGI's new offices will allow the library consulting company to accommodate its growing volume of work while providing space for its staff. All three floors of 41 Mechanics St. are fully occupied by three tenants.
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