Ryer of Ryer Associates brokers $850,000 sale of 4,500 s/f building
Jeff Ryer, CCIM/SIOR of Ryer Associates Commercial Real Estate, Inc. recently brokered the sale of the car wash facility known as Rub A Dub Car Spa located at 10 Station Rd. The .8 acre parcel is improved with a 4,500 s/f building. The car wash features a single 110' wash tunnel and an extensive customer lounge area; it is expected to reopen during the first quarter of 2011.
Ryer Associates represented the seller, Somers Development, Inc., and Westchester Choice Realty represented the buyer. The property sold for $850,000.
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 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!
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 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