News: Front Section

CB Richard Ellis named premier commercial real estate brand for 10th straight year

CB Richard Ellis (CBRE) has been named the premier global brand in commercial real estate, according to a survey of industry professionals worldwide by The Lipsey Company. CBRE has been voted the industry's top brand for ten consecutive years Brett White, chief executive officer of CBRE, said, "What makes this result particularly meaningful is the endorsement it provides from our clients and industry peers worldwide, who expressed their opinions through their ballots. Our people work hard every day to deliver superior service across markets and business lines. They are the CBRE brand and it is gratifying to see their accomplishments recognized." The Lipsey survey measures commercial real estate professionals' perceptions of the industry's leading brands. More than 25,000 U.S. and international professionals participated in the 2011 survey, including property owners, investors, lenders, brokers and property managers. The Lipsey Company provides training and professional development services to the commercial real estate industry. "From Boston to every business center in the world our professionals produce results for our clients. It is that daily commitment to excellence that has kept CB Richard Ellis the premier commercial real estate brand for ten straight years," said Andy Hoar, CBRE/NE president and co-managing partner.
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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