50 year anniversary question and answer Cary Tarpinian
Name: Cary Tarpinian
Title: Director of Leasing
Company: Saracen Properties
Years with Company: 30
Years in real estate industry: 42
Address: 2 Oliver Street 6th Floor, Boston, MA 02109
Telephone: 617-933-8704
Email: ctarpinian@saracenproperties.com
Website: SaracenProperties.com
What year did you discover the New England Real Estate Journal and what business were you doing at that time? I think it was1969 I was working in the real estate department of Star Market Co. and I saw an issue of the New England Real Estate Journal. That is when I realized that the founder of the publication, Roland Hopkins, was also a disc jockey in Portland, Maine at the Stevens Amory when I was in high school. Rolly and I reconnected again through Steve Karp and have remained friends since "old friends are the best friends". "I'll never forget attending Suffolk Downs as Rolly's guest with my wife for a luncheon and watching one of Rolly's race horses, Nevermadenewyork, win. We all had our picture taken in the winner's circle, and I still have it framed on my wall at home.
In what way has the New England Real Estate Journal been a benefit to you and your business? It keeps everyone up to date on what was going on in the world of real estate in New England. I got a lead from the paper in 1978 while at State Properties of New England and sold the property Dom Saraceno.
How long have you been affiliated with the commercial real estate industry? I have been in the industry since 1965. I began at Star Market Co. real estate department, then at State Properties of New England and now at Saracen Properties.
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