News: Spotlights

Decade Q&A - Michael Giuttari

Michael Giuttari, SIOR, is president of MG Commercial Real Estate, Providence What is your most memorable career experience from the past decade (2000-2009)? Developing a thriving company that is most importantly, enjoyable for its employees to work in and be successful in the commercial real estate business, and as a team, we have grown the business to consistently be the most respected and largest independent commercial real estate brokerage firm in our market. What major event(s) do you predict for the commercial real estate industry this decade (2010-2019)? Over the next ten years, we see a continuing reduction in the number of companies operating as commercial real estate brokerage houses, due to heavier competition from the bigger local and national companies, an increase in efficiency through technology for these companies and the increased use of technology by the tenants and buyers. If the brokerage company has not already proven itself as a necessary consultative resource to the buyers or tenants, they will not be required.
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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