News: Front Section

Eastport Real Estate Services names Bowen principal - previously president

According to Eastport Real Estate Services, Inc., Robert Bowen has been named a principal of the firm. Bowen joined Eastport three years ago as president, hired to oversee and expand Eastport's management operations. Partners of the firm, who include Michael Price, Mark Connaughton and Richard Connaughton are excited about Bowen's participation at the partnership level. Previously a vice president at Carruth Capital, Bowen has been in the real estate industry for 19 years. Price said, "Bob is so committed to our operation. He has an innate sense of how to run the company and his leasing and management skills have been invaluable." Founded in 1995, Eastport Real Estate Services is a property management and consulting firm with a singular intent: to create, enhance and preserve value for its clients. Eastport manages a wide range of property types, including commercial, retail and medical throughout Massachusetts. In addition to third party property management services, Eastport also offers maintenance services, advisory services and leasing. For further information about Eastport Real Estate Services, visit www.eastportrealestate.com.
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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