News: Retail

The Valentine Group leases 3,600 s/f to Salon Soleil & Spa

The Valentine Group has recently completed negotiations with Salon Soleil & Spa of Windham for their relocation to Castle Commons. The 3,600 s/f space has been completely re-designed for more efficient operation. The new location is more accessible and will offer more parking. "I am very excited about making my move to Castle Commons. This is the best location for a salon in all of Windham. I am looking forward to our grand opening in early spring," said Luisa Garcia, owner. Ralph Valentine of The Valentine Group represented the landlord, Mashop Development LLC and assisted the tenant. Castle Commons is located on Rte. 111 near I-93. The 24,000 s/f light manufacturing building, formerly home to Semiconductor Circuits, has been completely refurbished by Mashop Development, E.N Herbert Engineering, The Valentine Group, Interiors East and Felco Builders. Windham's zoning allows for many uses including restaurant, professional and business offices, health, fitness, salon and spa. Also in Windham, The Valentine Grp. negotiated the relocation of Golden Crane Traditional Martial Arts and Lee Betts Counseling Services into 3,000 s/f at 46 Lowell Rd. Valentine represented the landlord, Monomoy Development LLC and Larry Thibodeau of C-21 D'Amico assisted the tenant. And in Derry, The Valentine Grp. negotiated the second location for Dusty Old Cars. The 6,200 s/f space at 23 Crystal Ave. offers a large warehouse for the reseller of classic automobiles. Ralph Valentine represented the landlord, Crystal Realty Associates, Inc. and assisted the tenant.
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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