Vinci and Riley of H. Pearce Commercial broker $867,687 sale
Virginia Vinci and Neil Riley of H. Pearce Commercial Real Estate assisted Commerce Court Partners, LLC in the purchase of a 6,100 s/f building at 269 Main St. The sale price was $867,687. The building will be the new home for Holdsworth Pelton. Holdsworth Pelton works with the emergency services industry as well as 48 other industries to build better, safer and more profitable business from the ideas, solutions and visions Holdsworth Pelton helped them create. 90% of their clients use them again as their organizations grow and evolve.
Delta Building Corporation completed the building addition and renovation prior to sale and will be occupying a portion of the building. Delta Building Corporation is a broad-spectrum general contractor serving Conn. and the Northeast and enjoys a reputation as one of Connecticut's most competent and reliable general contractors.
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 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!
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 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