News: Front Section

Regazzini of Combined Properties, Inc. handles 43,496 s/f lease renewal for Carl Zeiss NTS, LLC

According to Combined Properties, Inc., Carl Zeiss NTS, LLC has renewed its lease at One Corporation Way, Centennial Park, for 43,496 s/f. One Corporation Way has served as Carl Zeiss's North American headquarters since 2007. The facility is owned and managed by Combined Properties. Centennial Park, a North Shore business park, provides an ideal atmosphere for R&D, bio-tech, technology, medical, and related uses. Seventeen miles from Boston, it offersclose proximity to the highway with access to Rtes. 128, 95, and 1. "We are proud that Carl Zeiss has found success in Centennial Park and look forward to continuing our relationship," said John Pereira, president of Combined Properties. "This renewal affirms that the first-class properties in our Peabody portfolio continue to facilitate the needs of world-class companies like Carl Zeiss and its Centennial Park neighbors." Greg Regazzini, vice president and director of leasing for Combined Properties, represented the landlord. "Several of our team leaders had positive experiences with Combined Properties and Centennial Park prior to our 2007 move-in, so we were confident that One Corporation Way was a great solution for our North American headquarters" said Ron West, vice president of finance and administration for Carl Zeiss. "The space has in fact proven to be a terrific fit, with its infrastructure, atmosphere, and strategic location serving us very well." Carl Zeiss specializes in industry-leading microscopes including scanning electron, transition electron, and helium ion microscopes for nanotechnology research and development. The company offers highly versatile application solutions for material analysis and life science, a broad technology portfolio, regional demo centers, and global customer support together with an extensive network of authorized dealers. Combined Properties, Inc. is a full-service investment and development real estate firm specializing in first-class office, R&D, industrial, retail, medical, and multi-family residential properties in communities north of Boston. The Malden-based firm has purchased, developed, and managed more than 2.6 million square feet of space. Combined Properties offers full-spectrum capabilities to meet its clients' individual needs. With in-house experts in planning, permitting, development, architecture, financing, construction, leasing, and property management, our professionals work as a team to provide complete real estate solutions.
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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

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