50 year anniversary question and answer Bryce Blair
Name: Bryce Blair
Title: Chairman of the Board
Company: AvalonBay
Years with Company: 27
Years in the Industry: 27
Email: bryceb@avalonbay.com
Website: www.avalonbay.com
What year did you discover the New England Real Estate Journal and what business were you doing at that time? I was a young high school student when I first learned of the NEREJ. I had a growing interest in real estate but also had a growing interest in the owners daughter. I subsequently married Kathi Hopkins (Rolly's daughter) and since then the New England Real Estate Journal has been a big part of both my business and family
life.
In what way has the New England Real Estate Journal been a benefit to you and your business? The NEREJ has been an important source of real estate news and opportunities for the New England region
How long have you been affiliated with the commercial real
estate industry? I have been in the real estate field for almost 30 years.
I began with Trammell Crow Resdential developing condominiums and apartments and then helped form AvalonBay communities which I had the privilege of serving as CEO of for 12 years.
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 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!
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 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