News: Retail

Seed of Coldwell Banker negotiates sale of 1,500 s/f prop. to be restaurant

Bill Seed, broker associate of Coldwell Banker Commercial Weeks Associates, has successfully negotiated the sale of a former bank property located on Rte. 11 and Airport Rd. Located adjacent to the Laconia Airport, the 1,500 s/f building will be the future home of Kitchen Cravings Restaurant, owned and operated by Bill and Sally Bickford. The Bickfords bring years of restaurant and resort management experience to their new endeavor. Bill is the former owner of Ye Olde Homestead Restaurant in Alton and Sally managed B. Mae's Resort in Gilford for more then 8 years. With plans for an early June opening, Kitchen Cravings will serve breakfast and lunch daily from 6 a.m. - 2 p.m. The menu will feature a large variety of healthy, trans fat free items and will be available for takeout. Personal cravings and individual requests will be taken The building is being completely renovated and will feature an assortment of historical items and memorabilia gathered throughout the Lakes Region by the new owners.
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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