BOMA's Mid-Atlantic Conf. to be held April 23rd to 25th
Exciting news! High Ridge Park Corporate Center, owned by George Comfort & Sons, has won BOMA's Mid-Atlantic Regional Building of the Year competition in the category of Low Rise Suburban Office Park. This is a big deal! We all congratulate George Comfort & Sons and Jodi Gutierrez and her team for their achievement and we thank them for representing Southern Connecticut BOMA in the international TOBY competition at BOMA's Annual Conference and The Office Building Show in Denver in June.
If you have not attended the BOMA Annual Conference in the past, you owe it to your organization and to yourself to go and now is the time plan for it. (Go to www.boma.org.) The professional world in which we all operate is changing faster than we could have imagined even a few short years ago. The BOMA Conference offers everyone in the office building world a unique convergence of knowledge and ideas. Old dogs will not fare well in today's market without some new tricks.
Back at home, we're doing our best to do our part. On March 27th BOMA hosted a panel of local economic development experts who spoke about how and why communities in our region need to collaborate and invest in basic infrastructure to avoid getting our proverbial butts kicked by more progressive-minded regions. The task is daunting.
BOMA's Mid-Atlantic Conference will be held at Foxwoods from April 23rd - 25th which is being hosted by BOMA Greater Hartford. The conference will be kicked off on Wednesday April 23rd at 4:00 p.m. with Henry Chamberlain, BOMA International president, speaking about Market Transformation and BOMA's 7-Point Challenge. Southern Connecticut BOMA will host a reception following Henry's talk and we invite you to meet Henry and attend our reception even if you won't be able to attend the entire conference.
On May 29th starting at 4:30, Southern Connecticut BOMA will host its first "Green" Exposition at High Ridge Park Corporate Center, which will be followed by a dinner.
I invite you to become an active participant in Southern Connecticut BOMA's valuable learning and information network.
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