News: Spotlights

Top Stories: September 2011

Lee and Lawrence of Colliers signs E Link Corp. to 139,180 s/f lease; Gutierrez Co. is landlord, Fainelli and Denoncourt rep. Biette and Giunta of Grubb & Ellis rep. Textile Building Trust in $12.8 million sale of 96,000 s/f to Synergy Investment & Development Abbot Building Restoration completes project at 12 Comm. Ave.; exterior renovations were preformed in two phases McKenzie, Lashar and Byrne of RBJ&P rep KBS in 110,194 s/f lease extension; Frisoli and McDonald of Cushman & Wakefield rep. tenant O'Brien of O'Brien Commercial Properties secures 5,700 s/f lease Concord Lumber to relocate to 1190 Liberty Square Rd. Hoxsie Props. sells 6,400 s/f Starbucks Plaza for $481.25 per s/f to Dover Street Garage; tenants include Papa Gino's, Verizon and Starbucks RPL Commercial leases 2,500 s/f at the renovated Design Exchange; former mill provides space for design entrepreneurs Sheehan and Sidel of EagleBridge Capital arrange $11.6 million mortgage financing for 1285 Beacon St. in Coolidge Corner MassHousing honors NE Moves Mortgage with top retail producer originating 150 first mortgages totaling $34.5 million Brady Sullivan Props. sells 60,000 s/f One Wall St. to 1100 Elm St., LLC for $6.2 million - 20,000 s/f to be occupied by Cross Insurance Aho of O'Brien Comm'l. Properties reps Vestas in purchase and lease; purchased 8.8 acres for $1.825 million from first Colony Realty Heery Int'l. celebrates topping off of $67.7 million Tewksbury High School; project team includes SMMA and CTA Ventures Peebles, Langlais, Pizzichemi, Cali and Myers join BKA Architects Peebles to serve as project architect Boyle and Perkoski of Chozick Realty broker $4.4m sale of Courtview Sq. Apts. 96-unit complex sold to Courtview Apartments LLC McMahon and Brimberg of O, R&L negotiate 24,100 s/f $1.5 million sale Easter Seals Goodwill Ind. buys 432 Washington Ave. Witten and Nolletti of Marcus & Millichap broker $4.1 million sale of Cooper Hill Apts.; Kaiman and Gruen of Wiggin and Dana rep buyer Glickman Kovago & Co. broker $1.575m sale and 7,500 s/f lease arranged by Johns, Cohen, Carl Burwick and David Burwick Unison Realty Partners buys Hannaford anchored Uxbridge Center for $11.25m Woodgreen Management Inc. sells 75,985 s/f shopping center Regazzini of Combined Properties renews nine leases totalling 21,903 s/f retail leases in malden's central business district Cathartes Private Investments and Nexamp to build $23m, 4.5 megawatt solar panel power field on 22- acre site in Westford, Mass. MIT's $142 million Sloan School of Management labeled greenest building on Cambridge campus; project team includes Bruner/Cott and VanZelm Alvarado, Parsons, Berger and Galvani of Parsons broker 2 leases - 11,602 s/f to Intercall Inc. and 20,000 s/f to Father and Son Moving McKenzie and Lipscomb of RBJ&P broker 4 leases totaling 35,940 s/f on behalf of the owners, AEW Capital Mgmt. & Griffith Props. Dagle Electrical provides services for Mass. Clean Energy Center's $1.2 million wind technology testing facility for turbine blade testing
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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