News: Front Section

Wellesley Rosewood Maynard Mill signs 12,935 s/f in leases/renewals

Clock Tower Place, a 1.1 million s/f suburban office park has signed 12,935 s/f of new lease deals and renewals. The landlord, Wellesley Rosewood Maynard Mill, LLC was represented by Robert Macnamara, principal, AJAX Partners LLC. The new leases at Clock Tower Place include: * Yieldbot, Inc., 3,558 s/f - The tenant was represented by Stan Burwick of New England Industrial Properties. * Tivo, 2,546 s/f - The tenant represented by Connor Barnes of Cassidy Turley and the landlord was represented by Mark Coelho of Avison Young. * Law Offices of Syrie Fried, 500 s/f. The renewals at Clock Tower Place include: * Centinel Financial, 2,100 s/f - The tenant was represented by Craig MacDonald of Lincoln Properties, Acclaro, Inc., and Levey Consulting LLC. * Acclaro, Inc., 2,160 s/f * Levey Consulting LLC, 2,071 s/f. Clock Tower Place is a central business office park with numerous amenities located so to the town center. This commercial space is situated in pastoral, historic surroundings but boasts technology, equipment and design. Clock Tower affectionately known as the "Mill" stands in the center of this traditional New England community as a monument to the perseverance and foresight of the town's founders. AJAX Partners specializes in financial advisory services, asset management and development management services and commercial real estate investments. It is a privately held, fully integrated collection of companies focused on the acquisition, development, improvement, operation and ownership of commercial, office, industrial, multifamily, retail, mixed-use and hospitality properties.
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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