The Kane Co. named leasing agent for planned 38,000 s/f retail project
The highly traveled traffic circle that borders I-95, the Spaulding Tpke. and Rte. 1 is about to undergo a major commercial and retail transformation.
The Kane Company has been named as development advisor's and leasing agents for this highly anticipated new mixed-use development. The site will feature a 120-room Staybridge Suites Hotel and 38,000 s/f of retail and restaurant space. The project, awaiting final approval, will include four pad-sites ranging from 2,000 to 7,000 s/f, along with 21,000 s/f of in-line retail space.
This major development is the latest in a rapidly growing number of significant retail assignments for The Kane Company Retail Services Group, which was officially established in 2006. Since that time, the Retail Services Group has expanded its inventory to nearly 2 million square feet of retail product throughout Northern New England.
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