News: Front Section

Teague and McGovern of Cassidy Turley lease 1,020 s/f at Two Adams Place

Cassidy Turley has leased 1,020 s/f to United Multi Family Corp. at Two Adams Place for a lease term of five years. Cassidy Turley senior managing director, principal Sean Teague represented the landlord, CommonWealth REIT, while Kate McGovern of Cassidy Turley represented United Multi Family. Two Adams Place is managed by Reit Management & Research LLC, Real Estate Services. Constructed in 1988 and renovated in 2004, Two Adams Place is a four-story 99,857 s/f class A office building. The building's exterior is attractive polished granite, and its large floor plates are designed for functionality and flexibility. The floor plates are 25,000 s/f with Walker Duct Systems built into the floors. These features make the building ideal for both a corporate headquarters and back office use. Amenities within Adams Place include a full-service cafeteria, daycare center, on-site property management and jogging trails in the adjacent Blue Hills Reservation. Hyatt Place and the Boston Marriott Quincy Hotel are located minutes away. Both are full-service hotels offering conference and dining facilities. The South Shore Plaza is a half mile away with over 180 retail shops and restaurants and downtown Boston is located less than 10 miles to the north.
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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