Plunkett and Minnerly of C&W negotiate three leases totaling 37,060 s/f
Cushman & Wakefield has completed three office lease transactions totaling 37,060 s/f. The recent transactions signify activity in the leasing market despite these economic times.
*Sage Software, leased 12,400 s/f at 100 Elm St., a facility owned by Historic Realty.
*New York Life Ins. expanded by 10,856 s/f at 690 Canton St. in Westwood. The landlord, Colony Realty Partners, was represented by Nat Kessler of CB Richard Ellis.
J.P. Plunkett and Catherine Minnerly, C&W senior directors, represented Sage and N. Y. Life in these transactions.
*Altra Industrial Motion leased 13,804 s/f of office space at 300 Granite St. in Braintree from Sun Life. Altra was represented by John Dolan of Colliers Meredith & Grew, while Sun Life was represented by Plunkett and Minnerly.
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