News: Front Section

The Stubblebine Company sells 10 Creek Brook Drive for $12.2 million

C-F Cold Storage has purchased a 108,689 s/f climate-controlled industrial building at 10 Creek Brook Dr. The facility sold for $12.2 million. James Stubblebine and David Stubblebine of The Stubblebine Company/CORFAC International represented the buyer, C-F Cold Storage, in the transaction, while the seller, Marwick Associates, was represented by Mark Reardon and Jason Levendusky of CBRE/New England. James Stubblebine said, "The principals of C-F Cold Storage purchased the building because of its proximity to some of its key customers, the state of the art refrigeration system, the 34' clear height and the excellent highway access." The Stubblebine Co. has been retained by C-F to handle the leasing of the 63,689 s/f of 34' clear space. The Stubblebine Co. specializes in the lease and sale of large industrial/commercial properties throughout New England.
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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