News: Front Section

Whelan Associates, LLC negotiate 22,000 s/f lease renewal with Bank of America at the Bank Plaza Office Building, New Bedford, Mass.

Bank Plaza, 700 Pleasant Street - New Bedford, MA Bank Plaza, 700 Pleasant Street - New Bedford, MA

New Bedford, MA Whelan Associates, LLC, has negotiated the renewal of a  22,000 s/f lease with Bank of America at the Bank Plaza Office Building. Located at 700 Pleasant St., Bank Plaza is a 5-story, 88,000 s/f multi-tenant office building offering harbor views, centrally located in the downtown central business district. Bank Plaza currently has an occupancy rate of 90% and is home to more than a dozen professional tenants and public agencies as well as Bank of America. 

Whelan Associates is a provider of strategic real estate services, including advisory, development, leasing, construction, and property management solutions.

Whelan Associates provides representation to professional, medical and industrial clients throughout the construction process, from groundbreaking to completion and beyond.

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Columns and Thought Leadership
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