News: Spotlights
Posted: December 31, 2021
2021 Year in Review: Brett Pelletier, COO, Kirk&Company: Real Estate Counselors
Kirk&Company: Real Estate Counselors
What was the biggest lesson you learned while working during the pandemic? Be flexible and kind, to yourself and to others. This experience has disproportionately impacted people and has, more than ever, shown that we never really know what others are dealing with. Practicing compassion and empathy costs little and can be such a powerful force for others. Whether it was remote work, flexible office hours, or just time to pause and reflect, it has been important to reevaluate priorities and how we get things done. Those lessons are durable and will carry through into the future, no matter the situation. There’s no downside to being nimble, flexible, and kind.
What are your predictions for your industry in 2022? I don’t make predictions.
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Columns and Thought Leadership
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
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
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 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