News: Northern New England

The John Flatley Company names Infinio 2014 Flatley Challenge winner

The John Flatley Company named the winner of the 2014 Flatley Challenge; Infinio, a market leader in data storage performance technology. Infinio will receive one year of free office rent at the John Flatley owned, Nashua Technology Park (NTP) at Gateway Hills and a $10,000 cash prize to be used for fit-up, connectivity and/or related business costs. Arun Agarwal, Infinio co-founder and CEO said, "We are honored to be the 2014 winner of the Flatley Challenge and look forward to being able to draw on the great engineering talent pool in the Nashua area as our company continues to grow and expand." The Flatley Challenge is designed to assist entrepreneurs in the fields of IT, communications, storage, connectivity, robotics, medical devices, life sciences and other leading-edge technologies. It is intended to stimulate the development and growth of early-stage companies by providing them both a first-class workspace, plus the opportunity to interact with such world class companies as Dell, Skillsoft, Aspen Technology, Benchmark Electronics, Wind River, Parallel Wireless, HiSoftware, DataGravity, Amphenol TCS and more. "I saw a need for startups in New Hampshire to be given a chance to succeed," Flatley said. "One way to do this, from my perspective, was to provide promising companies free incubation space and a small monetary incentive. As part of the Nashua community, I wanted to do what I could as a property owner to help promote and grow employment in New Hampshire."
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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