News: Retail

RM Bradley leases 4,300 s/f to MotoPhoto

Avon MotoPhoto, a full service photo store and portrait studio, has relocated to Avon Village Marketplace, according to RM Bradley. MotoPhoto has signed a 7-year lease for 4,300 s/f at 11 E Main St. Local businessman Joel Miller has owned the store for 12 years, currently located at 380 West Main St., since December of 2002. MotoPhoto offers everything from photo prints to photo books including; high-end greeting cards, creative photo gifts, personalized wall art, archiving and video services - all created in house for fast turnaround. MotoPhoto's new store in Avon Village will open this month. Avon Village Associates purchased Old Avon Village from the August family, the owners of the property for the last 40 years, in May of last year. RM Bradley represented the landlord on this transaction.
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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