The Ashforth Co. leases 19,700 s/f to First County Bank
According to The Ashforth Co., First County Bank has chosen 3001 Stamford Square as the new location for the bank's executive offices.
Moving approximately 50 employees from its current locations in Stamford, First County Bank will occupy 19,700 s/f on the first floor of the building developed, owned and managed by Ashforth and located at 3001 Summer St.
Ed Tonnessen, managing director of JLL, the exclusive leasing agent for 3001 Stamford Sq. represented Ashforth. 3001 Stamford Sq. is now 71% occupied with approximately 84,000 s/f available for lease.
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 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!
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 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