News: Spotlights

2023 Ones to Watch - Industry Leaders: John Townsend of Northstar Project & Real Estate Services

John Townsend
Principal 
Northstar Project & Real Estate Services

 

3 skills that you use every day in your position: Consensus building, risk mitigation, decomposition of complex challenges into smaller, more manageable tasks.

Best book, podcast, or app for aspiring leaders: How Leadership (Actually) Works by Larry Yatch

Best advice for new leaders in 10 words or less: A strong team determines your success as a leader.

What recent project, transaction or accomplishment are you most proud of? The accomplishment I am most proud of is working to establish Northstar, an owner’s project management firm, as a market leader in the life science sector for corporate and institutional clients. We’ve partnered with top pharmaceutical companies and major institutions helping them navigate challenging mergers, spin-offs, and realignments so they can further their mission of discovering lifesaving therapies and medicine. Today, Northstar has led the transformation or development of over 5 million s/f of R&D and manufacturing space in the Greater Boston area. 

 

 

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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