50 year anniversary question and answer Marlene Aron
Name: Marlene Aron
Title: Senior Associate Broker
Company: Metrowest Commercial Real Estate
Years with Company: 5 years
Years in real estate industry: 29 years
Address: 855 Worcester Road, Framingham, MA 01701
Telephone: 508-740-0000
Email: ma@metrowestcre.com
Website: www.metrowestcre.com and www.marlenearon.com
What year did you discover the New England Real Estate Journal and what business were you doing at that time? In 1985, David Tognacci, now of Phoenix CRE, and I started Investment Property Specialists (IPS), a firm established to work with investors. Our timing was good and we had a few very good years right away. NEREJ helped us sell many of the properties quickly, establish our new company and was our main source of advertising. We were fortunate to get Karen Dowell as our account executive. IPS was sold in 2007 and I joined Metrowest Commercial Real Estate. Karen is still my account executive and NEREJ is still my main print media advertising vehicle. A lot has changed since 1985, but I still read NEREJ every week.
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