News: Front Section

Ryder and Suny of Cummings lease 25,000 s/f to Discovery Labware

Discovery Labware, Inc. Becton Dickinson and Co. (BD) combined a face-lift with its recent multi-year, 25,000 s/f lease extension at 6 Henshaw St. According to company officials, Discovery Labware is a business unit of BD Biosciences, which is one of three business segments of BD. BD Biosciences is one of the largest businesses supporting life sciences today with regional offices in Europe, Asia-Pacific, Latin America, Japan, Canada and the U.S. Cummings Prop'. associate property manager, David Ryder, said that Discovery Labware benefited from Cummings Properties' vertically integrated structure that includes in-house leasing, design, construction and property management. "Our team worked with BD's global real estate group to develop a program to renovate and update the space. We were able to complete the entire project in 45 days while their operations were on-going," he added. Ron Rondeau, facilities manager for Discovery Labware, said this was his first time working with Cummings Props. on a construction project. "We were impressed with their professionalism and on-time delivery. The project was exceptionally smooth." Discovery Labware was represented by Tamie Thompson, managing director of Jones Lang LaSalle. David Suny, senior operations manager, and Ryder represented Cummings Properties.
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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