News: Owners Developers & Managers

Boston chapter awards of excellence call for nominations

The 2008 Boston Chapter Awards of Excellence program marks a high point for the profession as it recognizes the finest advancements and contributions in facility management as well as in the IFMA community. Devoting the time and effort to prepare a submission, you will be among the elite who recognizes excellence in an individual, a service, or the performance of a system. The submission requirements are not that time-consuming, as it involves responding to only a few primary questions and submitting some supporting exhibits. IFMA Boston will provide support resources to help you prepare your submission, if desired. Please take advantage of this opportunity to give well-deserved recognition to your colleagues, peers and even yourselves for a job well done. This is a great way for you to gain credibility and visibility for and within your organization! The awards will be presented at the IFMA Boston Awards of Excellence Dinner on May 21st at the Intercontinental Hotel in Boston. Award categories under consideration for this year are: Best Practice Award: This award category encompasses small projects (<50,000 s/f), large projects (>50,000 s/f), sustainability and facility management processes. The award is presented to the individual or team whose facility management program, project, system, innovation or idea has had a substantial positive effect on the success of their organization. The winner(s) will demonstrate innovation, and their achievements will be used to educate other facility management professionals. This award is intended to honor those who achieve "above and beyond" the normal scope of job responsibilities. Distinguished Professional Member Award: It is presented to a professional member who has provided sustained, outstanding leadership to a chapter, council and/or the association at the local level. Must demonstrate the best in leadership and ethics. Distinguished Associate Member Award: Presented to a company or its representative in recognition of voluntary contributions to IFMA at the local level. These contributions may include sponsoring programs or educational offerings, presenting innovative sessions on FM-related topics, sponsoring educational research or scholarships, providing technical assistance to members or serving as chapter or council officers or committee members. Education and Professional Development Award: Should demonstrate exceptional support of professional development in their organization and/or facility management community. Please visit our website for additional information. The Nomination Form for these categories is available for download on the IFMA Boston website at http://www.ifmaboston.org
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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