News: Spotlights

2022 Ones to Watch: Marc Clerc, Owner at Clerc & Associates, P.C.

What recent project, transaction or accomplishment are you most proud of? I am most proud of the relationships we build with our clients. We handled more than 75 mergers and acquisitions of businesses in this last year. Nearly all of these transactions include the sale and/or leasing of commercial real estate. I enjoy being able to coach our clients through this process, to help them understand each step along the way and to identify, plan and prepare for potential roadblocks before they threaten the deal. Most of our clients are experts in their individual field, but have never been through the process of selling something that has been a part of their lives for so long and means so much to them.

What does it take to succeed in your specific industry? I think a number of factors: experience, integrity, attention to detail, patience and organization skills, for starters. Having good people skills is also very important. Between clients, other attorneys, CPAs, business brokers, bankers and others there are many people involved in a merger or acquisition of a business and real estate - it’s important to be able to establish relationships and communicate effectively with everyone involved to ensure the best result for our clients.

What are the top 3 items on your bucket list?

  1. Traveling to Alaska
  2. Skiing in the Western United States

What are you doing when you aren’t working? I like outdoor activities, including skiing, boating, riding mountain and road bikes, and working outside.

 

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Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

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<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