News: Retail

Realty Partners, NE secures two leases totaling 9,200 s/f

Christopher DiGuiseppe, director of leasing for Realty Partners, NE leased 2,400 s/f to The Serentiee Restaurant Group aka The Spot in Georgetown, Mass. The Spot is Serentiee's most recent restaurant adding to its existing portfolio that includes locations in the the most affluent markets on the North Shore of Boston. The Spot is a free-standing building located in the center with exterior café seating. The original location was tenanted by Rory O'Conner's who was represented by Boston Restaurant Group. Realty Partners has also finalized a 5,000 s/f space in downtown Winchester for Serenitee Restaurant Group that will be opening this fall. Alchemy will be located at 14 Thompson St. Realty Partners finalized an 1,800 s/f location with Tutti Frutti Frozen Yogurt at Hooksett Landing in Hooksett, N.H. With the addition of Tutti Fritti Yogurt, DiGuiseppe has brought the occupancy of Hooksett Landing to 100%. Realty Partners also represented Anytime Fitness, Modern Nails, and NE Tap House over the past year leasing 13,000 s/f. Realty Partners, NE is Hooksett Land Development's exclusive leasing agent and responsible for leasing Hooksett Landing. "The Hooksett market is a growing market and a prime retail destination. Hooksett Landing is located at the fifty yard line of the commercial corridor and it is the best location for convenience retail within the market. I have one freestanding pad site which can accommodate a 1,800 s/f fast food with drive thru," said DiGuiseppe.
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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