News: Owners Developers & Managers

Boston Proerties and Natixis Global Asset Management break ground on 888 Boylston St.

Boston Properties and Natixis Global Asset Management celebrated the groundbreaking of 888 Boylston St., one of the city's most sustainable buildings, on October 8. Bryan Koop, senior vice president and regional manager, and Michael Cantalupa, senior vice president of Development, both of Boston Properties; John Hailer, president and CEO of Natixis Global Asset Management, Asia and the Americas; and Brian Golden, acting director of the Boston Redevelopment Authority, will participate in the ceremony marking the groundbreaking of the first Back Bay office tower constructed in over a decade. The 17-story, 425,000 s/f 888 Boylston St. is designed to be the city's most sustainable office building, using 45% less energy and 37% less potable water than an average office building. Customers at 888 Boylston can leave the lights off 60% of the time, as the building features daylight penetration to 95% of the floor area. Designed to achieve LEED Platinum certification from the U.S. Green Building Council, additional sustainable features include a chilled beam HVAC system, on-site rooftop wind power generation that will power all exterior building and plaza lighting, and a rain harvesting and reuse system.
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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