News: Spotlights

Top Stories: July 2011

Conrad and McEvoy of The Conrad Group broker 86,000 s/f lease for SSEC, project team includes Roth & Seelen, Inc. and Coler & Colantonio Corkery and Reardon of CBRE/NE rep. The Hampshire Cos. in 55,000 s/f; Burgess Properties and Stubblebine Co. co-broker CBRE sells phase 1 of Northwest Business Park to Danais Realty Group for $2.8m; Danais plans to build 1.2m s/f of office, R&D and whse./dist. space Valentine Group leases 102,798 s/f for Merrimack Valley Wood Products Vear Commercial represents tenant, Total Air Supply Fallon Co. breaks ground at Fan Pier for 1.1 million s/f Vertex Pharmaceuticals HQ, 50 Northern Ave. designed by Tsoi/Kobus Paul McInnis, Inc. sells Mt. Washington 18-hole golf course for $10.5m and Mt. Pleasant 9-hole golf course and 500 acres of development land Shawmut D&C breaks ground on Taco's innovation & development center $18 million expansion/renovation; designed by Baker Design Grp. Luca of Residential Props. reps seller, 144 Wayland Assoc., Moore of Peter M. Scotti & Assoc. sells 16,000 s/f office - $800,000 Clough and Whelan of Fantini & Gorga arrange $25.25m financing for S. Cape Village; 156,000 s/f shopping center developed by C. Talanian Realty Sidel and Sheehan of EagleBridge Capital arrange $10m financing for 9/27 Shopping Center owned by Finard Properties Bernkopf Goodman assists Horizon Beverage Co. in $21 million purchase of 404,000 s/f General Motors Distribution Center and adjoining land Davis of Trevor Davis Commercial Real Estate completes four leases including 31,800 s/f to Alpine Environmental Services, LLC Suffolk celebrates topping off of $32m visual arts center at Dartmouth College; 106,000 s/f designed for LEED Gold by Machado and Silvetti Assoc. ARC and Suffolk celebrate top-off of 500,000 s/f Albert Sherman Center designed to achieve LEED Silver certification Matthews Commercial Props. brokers $2.2m sale to Wellpath, Inc. at 141 East Main St., Waterbury; Moriarty Building Associates is the seller Wettenstein of Vidal/Wettenstein brokers 8,800 s/f whse./dist. lease between Ecologic Energy Solutions and Brentwood R.J. Finlay & Co. acquires 112,000 s/f Indian Head Plaza at 30 Temple St., Nashua, N.H. for $4.3 million brokered by Cushman & Wakefield of N.H. Development Associates completes 22,700 s/f in leases in Mass. and Conn. including Ti-Wire Engineering Solutions Inc. leasing 3,000 s/f Columbia Construction's Martha's Vineyard Hospital, a Partner's Healthcare affiliate, recently celebrated the award of LEED Gold Certification Forsyth Institute's 65,000 s/f new headquarters and research facilities renovation designed by ARC receives LEED Silver Certification Weissman of Boston Realty Advisors sells 2 retail condos on Charles St., Beacon Hill; Silverston of Prudential Real Estate reps tax-exchange buyer Klemmer and Brodigan of Klemmer Assoc. sell 33,000 s/f industrial building; Spinella of Minco reps seller, GEM Group Realty Horvath, Tremblay of Marcus & Millichap sell Mansfield Marketplace for $10.375 million; Hecht Develo. sells 23,840 s/f retail to Davos Family Trust McWeeney of WS Development signs Aldi to 20,075 s/f at the 232,000 s/f Stateline shopping Center in Salem, NH
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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