News: Spotlights

Bill Carkin 2010

Name: Bill Carkin Title: Director of Construction Company: Worcester Business Development Corporation Location: Worcester, Mass. Birthplace: Worcester, Mass. Birth Date: 1959 Family: Wife, Deborah and two children, Eric and Ryan College: University of Lowell, Lowell, Mass. First job unrelated to your current field: Papa Gino's Restaurant in high school First job in current field: Engineer, Bechtel National - supervised and coordinated cleanup efforts at 3-Mile Island Nuclear Power Plant in Pennsylvania. What your firm does now and its plans for the future: The WBDC mission is to promote job creation and tax base expansion within the city of Worcester and central Massachusetts. Hobbies: Camping, travelling Favorite book: "Blind Man's Bluff" by Sherry Sontag & Christopher Drew Favorite movies: "Monty Python and the Holy Grail" Keys to success: Perseverance and a great sense of humor go a long way. Person you most admire (outside of family): A former college professor If you had to choose another profession, what would it be? A mentor
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Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

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 Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

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!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

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 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

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