News: Front Section

Druker donates $5 million for the Art of the Americas Wing at the Museum of Fine Arts

Real estate developer Ronald Druker donated $5 million for the Art of the Americas Wing at the Museum of Fine Arts (MFA), 465 Huntington Ave. The MFA will name a building for Druker, his father Bert, and his grandfather John. To read more about Bert Druker, visit http://nerej.com/professional-profiles/ne/bertrumdruker.php The Druker Family Pavilion's education center will include two 1,000 s/f glass-enclosed education and community classrooms, the museum's renovated bookstore and shop. John Druker founded the family's real estate business, and the company built the Hotels Kenmore and Braemore, The Colonnade Hotel and Residences, the Heritage on the Garden, and Atelier 505. The MFA's $345 million Art of the Americas Wing opened November 2010 as part of an expansion project.
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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