2015 Annual Review responses by Janet Wheeler of STV|DPM
Janet Wheeler, STV | DPM
Respondent’s Name: Janet Wheeler
Company: STV|DPMWhat was your greatest professional accomplishment in 2015? Elected president of CREW CT / The Real Estate Exchange.What was your most notable project, deal, or transaction in 2015? The Charles E. Shain Library at Connecticut College. The project finished in spring of 2015, ahead of schedule and has won two industry awards this year. This is all courtesy of a great project team!What are your predictions for commercial real estate in 2016? Commercial real estate projects are increasing in number and will do so for the next few years. Larger projects may be released for design and construction as we move towards a more stable growth for New England. Projects will continue to focus on tighter budgets and accelerated timelines as new normal.
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