News: Owners Developers & Managers

BOMA International Conference update & local TOBY Awards update

The Outstanding Building of the Year (TOBY) awards took place this past week, June 24-26, at the Every Building Conference & Expo held in Seattle. These awards provide an international level of recognition for the best BOMA buildings that have won at the local and regional levels. Five BOMA Boston buildings advanced to this conference to be considered for awards. Although none ended up claiming an International TOBY Award, advancing as far as these buildings did speaks to the high standard of commitment and performance these building owners and managers hold themselves to in all aspects of their work. With that being said, congratulations to the following: * 75 State St., Brookfield Properties; * The Newbry, CBRE-N.E.; * 53 State St., Lincoln Property Company; * New England Executive Park, Equity Office Properties; and * 225 Franklin St., Equity Office Properties. Even though the International TOBY Awards are wrapped up, the local TOBY awards are closer than you think! Call for entries are going to open up earlier than last year, during the second week of this month. This will allow applicants even more time to perfect their submissions. BOMA Boston will also be holding a TOBY Awards Tutorial on Wednesday, July 25th, at the BOMA office (One Center Plaza, Mezzanine Suite) to give applicants a leg-up on the application process, including guest speakers who were former International TOBY Awards Finalists, and an International Judge. Visit www.bomaboston.org for more details and to register for this valuable event!
READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
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