Winstanley Enterprises welcomes first tenants at WinBrook Business Park
Winstanley Enterprises welcomed its first tenants to WinBrook Business Park, its newly-constructed, speculative commercial development. Surgi-care, Inc. is the first of a group of tenants set to move into WinBrook's first phase, a 3-building 169,000 s/f office/flex complex located on the west end of Brook St., one mile off Exit 23 on I-91.
Surgi-care, headquartered in Waltham, Mass., leased 9,200 s/f at 712 Brook St., and is one of the largest New England providers of both surgical and rehabilitative prosthetics and equipment for a number of orthopedic product lines.
Winstanley Enterprises also recently sold 92 acres of land on Brook St. to The Stellar Group who is currently developing, for Burris Logistics, a two-phase 500,000 s/f refrigerated warehouse and distribution center for BJ's Wholesale Club. The project's 250,000 s/f first phase is scheduled for completion in September 2008.
OR&L Commercial, LLC, along with CBRE New England brokered the sale of Gardner Nurseries' undeveloped 120 acres to Winstanley Enterprises for the WinBrook Business Park development. The firms also represent Winstanley in leasing space at the WinBrook complex.
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