News: Owners Developers & Managers

Eastern Building Services hosts first annual green cleaning seminar/brunch

Eastern Building Services, provider of janitorial and facility services throughout greater New England, host the first annual Environmental Impacts of Cleaning Networking Brunch at the Royal Sonesta Hotel. "The industry is becoming more aware of the benefits environmental cleaning provides" said Michael Gauthier, business development manager of Eastern Building Services. "We hosted this event to educate, familiarize and discuss this emerging practice that affects us all." Robert Guillemin of the Mass. EPA and Kevin McNulty of 3M Commercial Care both provided detailed information regarding safe work practices, proper chemical usage, health hazards and how to green clean. Other topics covered ranged from LEED certification and economical benefits to energy, recycling and water savings. Governmental facilities nationwide and states such as Illinois and New York have already established and mandated the green cleaning process. Industry experts feel that this practice will rapidly follow in other states and will eventually be required. Eastern Building Services is a privately held company founded in 1968 and currently services over twelve million square feet of commercial, financial and industrial space. Eastern employs over 450 full and part time workers including management. For more information on EBS GREEN please see www.ebsgreen.com and contact information below.
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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