News: Front Section

The Bulfinch Cos. leases 63,710 s/f to Curtiss-Wright at Taylor Woods

According to The Bulfinch Companies, Inc., Curtiss-Wright Controls, Inc. has leased 63,710 s/f at Taylor Woods, 151 Taylor St. Taylor Woods, a two-story, 100,000 s/f office and R&D building situated on 29 acres at the crossroads of Rtes. 2 and 495, has recently been renovated to include an updated lobby, conference center, and expanded exterior glass façade. Curtiss-Wright Controls is a technology-based organization providing niche motio control products, subsystems and services internationally for the aerospace and defense markets. The company will occupy the entire first floor and a portion of the second floor at Taylor Woods. Michael Wilcox, Bulfinch's director of leasing said, "Taylor Woods is an excellent choice for a technically savvy and demanding building user such as Curtiss-Wright. Beyond the ability to respond very well on a technical level to their needs, 151 Taylor Street also provides Curtiss-Wright with valuable amenities such as a café, fitness area and future expansion opportunities." Mark Roth and Torin Taylor of Cushman & Wakefield represented Curtiss-Wright in the transaction and Brian McKenzie, John Wilson, James Lipscomb and Robert Byrne of Richards Barry Joyce & Partners represented Bulfinch. Bulfinch is an entrepreneurial, value-added real estate investment firm specializing in the development, acquisition, management, and repositioning of commercial properties in greater Boston. Since its inception in 1936, Bulfinch has developed, acquired and repositioned in excess of $1 billion in commercial real estate.
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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