News: Front Section

Richards Barry Joyce & Partners, LLC represents Hudson Advisor LLC in $4 million sale

Richards Barry Joyce & Partners, LLC (RBJ&P) represented Hudson Advisors LLC in the sale of 121 Hale St., to Calare Properties, Inc. for $4 million. 121 Hale St. is a 60,700-square-foot industrial/research and development building located less than a mile from the Lowell Connector, off I-495. The building is fully occupied by M/A-COM Technology Solutions (MACOM), a leading supplier of high performance RF, microwave and millimeter wave products. Adjacent to MACOM's headquarters at 100 Chelmsford St., the facility supports R&D, engineering and new product testing functions for the company. "121 Hale St. is a well positioned asset, with a terrific tenant in MACOM," said Chris Skeffington, senior vice president, RBJ&P. "The building features modern construction as a result of significant renovations completed over the past few years. It's a great acquisition for Calare Properties." RBJ&P's Skeffington, Roy Sandeman, senior analyst, and James Lipscomb, senior vice president, represented the building's seller and procured the buyer. RBJ&P is a full service commercial real estate firm providing creative solutions for its client partners. The company's focused team approach offers clients a competitive advantage in solving their local, national, and international real estate challenges. RBJ&P's unique platform offers a full range of real estate advisory services including market analysis, capital markets solutions, financial analysis, corporate services, portfolio review, and consulting services.
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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