News: Front Section

Eastern Building Services, NAIOP and 80 corp. sponsors come together

Eastern Building Services, NAIOP, 80 corporate sponsors and Jim Rice from the Red Sox team together to help Heading Home end homelessness for families in Greater Boston. "We are happy that Jim came out and showed his support for our cause. It shows a lot about his character," said Gabriel Zizza, owner of Eastern and five time head sponsor of Heading Home. "This year marks the largest donation in the event's twenty year history." All monies will be applied directly to the creation of housing and purchasing of food and home furnishings. Heading Home's model is providing affordable housing to families and individuals as quickly as possible, along with intensive support services. "The $1.3 million that the tournament has raised over the years has allowed us to take a lot of people off the streets that we would not have been able to otherwise. We are also grateful for all of the individual members of NAIOP like David Begelfer and Gabe Zizza, who have gotten more personally involved with us by volunteering, acting as advisors, and serving on committee's," said Tom Lorello, executive director of Heading Home. In addition to supporting Heading Home, Eastern has been working to extend its charitable contributions and community involvement through its EBS GREEN environmental cleaning program.
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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