Derek Losi of UGL Equis Boston's office has become the newest Candidate Member for the SIOR designation within the New England Chapter. Losi is an associate with UGL Equis' and he is concentrating in the downtown Boston market. His primary responsibilities include developing new business, analyzing real estate markets, and executing lease transactions.
While at Babson College, Losi was a member of the men's varsity soccer team. He was a four year starter and was appointed captain for his senior year. He holds a B.S. Business Management Concentrated in Finance, Babson College and is a member of the Greater Boston Chamber of Commerce.
His projects have included being a consultant for Boston Properties on a feasibility analysis of a mixed-use development in Waltham called CityPoint. He was asked to analyze all of the present office and retail space in the Waltham area as well as all of the developments in the pipeline. Currently, Boston Properties has 77 CityPoint constructed and completely committed for lease and they are looking to move forward with 10 and 20 CityPoint.
Congratulations to Derek.
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