News: Northern New England

Snow and Norwood of NAI Norwood lease 23,600 s/f to Dyn Inc.: Mulve of Tower Realty reps landlord of 150 Dow Street

NAI Norwood Group brokered the lease of 23,600 s/f of professional office space to Dynamic Network Services, Inc. (Dyn Inc.). The new office location is within a mill building at 150 Dow St. Perry Snow and Chris Norwood of NAI Norwood Group represented Dyn. Rick Mulvee of Tower Realty Group represented the landlord. Dyn was named Business NH Magazine's "Best Small Company to Work For" in 2010. In 2008, the firm was awarded NHBR's Business Excellence Award in Technology. A growing company, Dyn acquired three complimentary technology firms in 2010 and has doubled their employee base over the past year. The move of their headquarters to 150 Dow St. will serve to expand Dyn's spatial needs, match their corporate positioning and culture and allow them to further grow their business and create more local jobs. "We needed a partner to help us find a location that met the needs of our employees in terms of aesthetics and location and the needs of our business in terms of cost and scale," said Gray Chynoweth, VP, business operations & general counsel at Dyn Inc. "NAI Norwood Group was that partner, they took the time to really understand our needs, explore and vet opportunities and help us negotiate the best deal possible. Simply put, NAI Norwood Group was vital to the success of our effort."
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Ask the Electrician:  How do I prepare my commercial building for a disaster?

Ask the Electrician: How do I prepare my commercial building for a disaster?

New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
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