Barnes joins Whelan Assoc. as vice president of the capital markets group
According to Whelan Associates, LLC, Richard Barnes has joined the company as vice president of the capital markets group. As head of this new division of the company, he will take the lead in providing clients with customized investment property sales solutions, as well as acquisition and recapitalization services. These premier services are offered to individual and institutional owners and investors engaged in buying, selling, developing and financing real estate.
Barnes brings to the company over 30 years of experience in development, leasing and investment property sales. More recently, he closed over $52 million in transactions in the past three years. As a specialist in the office, retail and industrial property markets, he proactively identifies and matches the needs of buyers and sellers, and engineers solutions that insure smooth transactions.
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