News: Spotlights

50 year anniversary question and answer Albert Scaralia

Name: Albert Scaralia Title: Broker/Owner Company: Albert Realtors Years with company: 50 Years in real estate industry: 50 Address: 1050 Reservoir Avenue, Cranston, RI 02910 Telephone: 401-944-3377 Email: info@albertrealtors.com Website: albertrealtors.com In what way has the New England Real Estate Journal been a benefit to you and your business? I've been in the real estate brokerage business since 1963 (50 years). I feel that the NEREJ is an excellent publication that is geared up to the commercial real estate industry. I also enjoy the editorial by the owner Rolly Hopkins (they make sense). How long have you been affiliated with the commercial real estate industry? My late brother Ben was the original broker/owner of Albert Realtors commercial division. He was a subscriber of the NEREJ since 1974. When he passed away in 1998, I took over the commercial division. I've continued advertising in the NEREJ because I feel my ads are getting me results. I feel that the advertising fee is minimal when you consider the commission on a commercial sale.
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Columns and Thought Leadership
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