News: Front Section

Quinlan, Doyle and Sciolla of Cresa Boston represents Fred C. Church Insurance in 34,950 s/f

Matt Quinlan, Joe Doyle, and Joe Sciolla of Cresa Boston represented Fred C. Church Insurance, a regional insurance agency that offers insurance and risk management services to families, businesses and non-profit organizations, in a 34,950 s/f office lease renewal at 41 Wellman St., a class A building. The company will continue to occupy the second floor and part of the first floor in the four-floor, 103,764 s/f building in Connector Park. The landlord, an affiliate of Lone Star Funds, was represented by Jason Levendusky of CBRE New England. "We are delighted to have renewed our headquarters' location in Lowell," said Rob Schieni, CFO of Fred C. Church Insurance. "As we approach our 150th year, we are doing business all over the country, but our roots are here in Lowell." Cresa LLC, one of the nation's largest corporate real estate advisory firms exclusively representing tenants, is headquartered in Boston.
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Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

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 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