50 year anniversary question and answer Len Bierbrier
Name: Len Bierbrier
Title: President and Founder
Company: Bierbrier Development Inc.
Years with Company: 39
Years in the Industry: 42
Address: 420 Bedford Street, Lexington, MA 02420
Telephone: 781 863 1800
Email: LBierbrier@BierbrierDevelopment.com
Website: bierbrierdevelopment.com
What year did you discover the New England Real Estate Journal
and what business were you doing at that time? I discovered NEREJ when I became Bert Druker's assistant at the Druker Company, right after graduation from Harvard Business School in 1971.
In what way has the New England Real Estate Journal been a
benefit to you and your business? The benefit of NEREJ has been the timely reporting on the ebb and flow of CRE in the Boston market - a useful and complete compendium of transactions, people and events presented in a readable format - but the real joy has been the wisdom and wit in Rolly's editorials!
How long have you been affiliated with the commercial real
estate industry? Could it be almost 42 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