News: Spotlights

Top Stories: August 2011

Fairlane Properties purchases 275 Wildwood Ave. for $16.1 million - 172,000 s/f property; Lemire and Pullen of CBRE rep. seller, Colony Realty Ptrs. Stubblebine reps Leewood Realty in 64,000 s/f lease to Swix Sport USA arranged by David, James and Micah Stubblebine Fini R.E. Group sells 27,097 s/f Tractor Supply-Family Dollar property for Hutton Partners, LLC to Cantrell Investments, LLC for $4.274 million Harriman designs Mölnlycke Health Care's 79,000 s/f research/manufacturing facility at Brunswick Landing in former naval air station Three of The Bulfinch Cos.' properties achieve EPA Energy Star rating; Wells Business Center, Derby Corporate Center and Needham Executive Center The Abbey Group sells penthouse at 45 Province for $3 million, 32-story luxury high-rise featuring 137 condos Lashar, Leone and Lipscomb of RBJ&P broker 200,000 s/f lease for CrossHarbor; Klemmer Associates, LLC represented tenant, Quiet Logistics D'Amato of CBRE/NE arranges $40.5m sale for GE and J. M. Corcoran; Home Properties purchases Commons at Haynes Farm Michael Integlia & Co. begins $10 million 45,000 s/f office at 12 Metro Center Blvd. in the Metro East Office Park, Warwick, RI Scaralia of Albert Realtors sells 7,280 s/f office bldg. for $375,000 sold to Wellstone Properties LLC by JGB Realty LLC Kelly of Arbor Commercial Funding closes 6 deals totalling $10.9 million including $1.5 million for Magnolia Place Apartments, Windsor Locks, Conn. Massa of Industrial Concepts Brokerage completes $2.5 million sale of the former Hillcrest Chevrolet Property, Salem, Mass. Stubblebine represents ECM Plastics in 48,000 s/f ind'l. lease at 111 Adams St., Clinton, Mass. - owned by National Industrial Portfolio Borrower, LLC Baybutt named CM for Keene's 15,725 s/f central fire department $6 million project designed by Northern Architects Collaborative DPM selected by MSCBA for $38m Westfield State Univ. residence hall design provided by ADD Inc, Walsh Bros. named construction manager Ruff of Levey Miller Maretz sells 21,000 s/f buildings for $1.2 million; Lehrman of Genovali Realty represents buyer, Horse Hill Realty, LLC Judd of Konover Commercial signs Laird Plastics to 18,130 s/f at 135 Freshwater Blvd. owned by SKT Freshwater, LLC Paradigm Props. signs Central National Gottesman Inc. to 130,850 s/f lease; Gibson and Jaroz of CBRE reps the owner Tamposi of CBRE/NE reps 19 Post Road Group in $1.4 million purchase; Luers of Tamposi-Nash Real Estate reps Five 'N Associates Konarka Technologies Inc., manufacturer of Konarka Power Plastic, installs OPV semitransparent building transparent PV curtain wall New England Environmental, Inc. Mass. headquarters receives USGBC's LEED Platinum; designed by Kuhn Riddle, built by Arrowwood The Davis Cos. hosts broker open house at Burlington Woods Office Park 1 to unveil $3 million renovation of 116,000 s/f office building Jean Kane of the Kane Company and Chris McMahon of NAI Norwood Group arrange 19,000 s/f retail lease to Habitat for Humanity for ReStore Cobb Hill Construction completes $4 million multi-phase resort and spa project at 234-unit Loon Mountain Ski Resort in Lincoln, N.H. Boston Realty Advisors completes $5.85 million sale of 9 Summit Ave. in Coolidge Corner to J&W Summit Ave, LLC - Represents buyer and seller, 9 Summit Ave, LLC
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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