Leasing

Today, the bank opened its first branch location at 865-875 Providence Highway in Dedham. The firm also is offering a sneak peek of its new branch at 425 Washington St. at the corner of Washington and Winter streets in Downtown Boston that will open for business next month.

“Westmount is bullish on the Midwest industrial market,” says Clifford Booth, president and CEO of Westmount. “We're actively seeking value-add and opportunistic investments in select markets across the US.”

The site of the Mitchell Brothers' O'Farrell Theatre is on the market at $10 million or can be leased for a monthly rent of $39,000, but the property is attracting residential developers, says the exclusive broker.

Venture One is upgrading the facility with an overhaul of the office space, and new HVAC units, a new roof and repaved parking lot.

Rising office rents and a strong economy have fueled owner-user demand, but with limited supply, there aren't many options for small businesses to purchase office space.

With this deal, the Rudin family's Plaza District tower is 100% leased.

Seattle and Bellevue are experiencing sub-6% vacancy rates, along with falling and record lease rates, while the average cost of space in the Southend market is 39% to 43% below Eastside and Seattle full-service rents.

GraceKennedy Foods will occupy 124,888 square feet of the under-construction warehouse when it is complete in early 2019.