50 year anniversary question and answer Peter Carbone, Jr.
Name: Peter Carbone, Jr., CCIM
Title: President
Company: Carbone Commercial Real Estate, Inc.
Years with Company: 49
Years in real estate Industry: 46
Address: 5 Stone Edge Lane, Woburn, MA 01801
Telephone: 781-935-5444
Email: peter@carbonere.com
Website: www.carbonere.com
What year did you discover the New England Real Estate Journal and what business were you doing at that time? 1980, the year our family started our commercial/industrial real estate brokerage business.
In what way has the New England Real Estate Journal been a benefit to you and your business? The New England Real Estate Journal has given us continuous and excellent exposure to clients, customers, other brokers, and other contacts in the commercial/industrial real estate business. It has also been a reliable source of information for property sales and leases and other information and happenings pertinent to our commercial/industrial brokerage business.
How long have you been affiliated with the commercial real estate industry? 1967, the year our family purchased its first retail investment property in Woburn Center.
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