News: Front Section

VertitechIT upgrades to 3,557 s/f at Open Square

According to John Aubin and VertitechIT, the company has established VertitechIT's new headquarters at Open Square. The national IT networking and consulting firm is moving to a new, customdesigned and built work space in Open Square, a mixed-use office, retail, and event complex located in a historic 19th-century mill along city's Upper Canal. VertitechIT, based in temporary quarters at Open Square since May 2013, will occupy an office environment created for it by architect/builder John Aubin. The new headquarters will provide 3,557 s/f of work and meeting space, configured to maximize secure, private areas for consultation plus an open, flexible floor area for operations. VertitechIT, a 13-year-old consultancy that specializes in managing IT infrastructure for the healthcare industry, large and small businesses, and private equity firms, decided to upgrade to a custom-built environment after experiencing significant growth during the past two years.
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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