News: Spotlights

2022 Ones to Watch: George Malakidis, Project Executive at Callahan Inc.

What recent project, transaction or accomplishment are you most proud of? I am most proud of Callahan’s project at Revolution Labs in Lexington, specifically the open and collaborative environment amongst the project team. Our team started working on pre-construction through COVID and hit the ground running last year. Despite numerous supply chain issues, we have an open line of communication with the ownership group, subcontractor design team and our team to help mitigate and find the best solution. The overall success of the project has been the first priority for all parties, and it shows as the owner has already leased the entire building and able to start tenant fit-ups early.

What does it take to succeed in your specific industry? Empathy, communication skills and tough-mindedness. Empathy and communication are most important when it comes to building relationships, which is what this business is all about. You also must be singular in your mission and be willing to work around obstacles to meet goals.

What are the top 3 items on your bucket list?

  1. Kentucky Derby
  2. Visit every NHL arena with my family
  3. Cross country RV trip

What are you doing when you aren’t working? Usually watching my children play hockey. Traveling with my family

 

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Columns and Thought Leadership
Ask the Electrician:  How do I prepare my commercial building for a disaster?

Ask the Electrician: How do I prepare my commercial building for a disaster?

New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
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!
Investing in a falling rate environment - by Harrison Klein

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 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