News: Spotlights

2021 Year in Review: Kerri Spurr Gallaway, Senior Vice President, A.W. Perry, Inc.

Kerri Spurr Gallaway
A.W. Perry, Inc.

How has your working environment changed over the last year? The pandemic has allowed our team to become more efficient in our processes and we’ve developed new strategies that give us the ability to work productively from anywhere. It’s nice to have the flexibility to be able to work from the South Shore and save on the 3+ hours of commuting to and from Boston each day–however it is really great to be back in the office and interacting with co-workers in person. That is a very important part of our work culture that has been lost with remote work.

What was your greatest professional accomplishment or most notable project, deal, or transaction in 2021? In 2021, our team was successful in securing leases with several great new tenants and in signing long-term renewals and expansions with existing tenants for office space in Boston and on the South Shore.

What is the best advice you have received, and who was it from? Family comes first. My father and other co-workers.

What was the biggest lesson you learned while working during the pandemic? Your health and well-being and the health and well-being of the people in your life (family, friends, co-workers etc.) is top priority and what matters most. Work itself although it is important is secondary.

What are your predictions for your industry in 2022? I believe 2022 will continue to be a challenging year for commercial real estate especially in downtown Boston. I remain hopeful that more people will become vaccinated so that we get to a point where more people are comfortable taking public transportation into Boston and returning to their offices.

MORE FROM Spotlights
Spotlights

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!
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
Risk-based capital requirements: Impact of rules on commercial real estate loans - by Michael Chase

Risk-based capital requirements: Impact of rules on commercial real estate loans - by Michael Chase

Two popular sources of commercial real estate financing are banks and insurance companies. According to the Mortgage Bankers Association, banks and insurance companies combined hold 54% of the nearly $4.7 trillion in outstanding commercial mortgages as of the end of 2023. Both of these lender groups are subject to regulations
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!
Navigating conversations and industrial real estate: Unveiling the intricacies with a dash of dad jokes - by David Skinner

Navigating conversations and industrial real estate: Unveiling the intricacies with a dash of dad jokes - by David Skinner

Here are a few of my favorite topics of conversation: politics, religion, money, and relationships. Other than a below average level of social capability, why do you suppose that those are some of my favorite conversation pieces? Well, I believe that there is a fascinating truth hidden within these realms