News: Retail
Posted: November 27, 2007
Stonemar Properties purchases two fully leased shopping centers
Stonemar Properties, a New York-based real estate investment and management company, has purchased two fully leased regional shopping centers for $16 million. The seller is Belz-Burrow Development Group. Financing was provided by Royal Bank of Canada.
The centers comprising 155,000 s/f are Bernard Court, at 1843 East Highland Dr. and Crossroads Shopping Center at 2400 East Highland Dr., Both centers are anchored by major chains and are fully occupied.
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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
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
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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