News: Owners Developers & Managers

Sydney Associates' $1 million Center Place development is complete

Center Place at Coolidge Corner, a $1 million project, has been completed, with anchor tenant Pure Blu Jeans recently opening on the ground floor. The two-story building at 1309 Beacon St., constructed in the alley beside Trader Joe's, was designed to provide urban continuity of retail along the busy commercial block. "We're pleased with how the design of this 'infill development' blends with the adjacent three-story building," said developer Roberta Sydney, president of Sydney Associates. "It was a challenge to turn the alley into an attractive building that looks as though it has always been there." Pure Blu Jeans occupies 1,850 s/f, with 1,374 s/f of office space available upstairs for rental. It also has an underground garage with 75 spaces for office tenants and employees, in addition to the reconfigured original 35 parking spaces in the back. The building is constructed in brick with precast concrete bands and accents. The storefront glass adds life and vitality to the pedestrian experience along Beacon St., according to Hans Strauch, president of HDS Architecture, project architect. Center Place is the result of a collaborative process between developer Sydney, HDS and the Brookline Planning Board. Photo courtesy of HDS Architecture.
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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