News: Front Section

Egenberg promoted to vice president of business development at Simon Property Group Inc.

Simon Property Group Inc. has promoted Stuart Egenberg to vice president of business development for the New England region. In this role, Egenberg will work closely with Simon personnel on all Simon Brand Ventures business development for New England Simon properties in Mass., N.H., Maine and Conn., and will also continue to support the premium outlets, mills and community centers. He previously served as regional director of business development for New England and has been with Simon for six years. Egenberg will continue to manage and work with malls on all advertising, sponsorship and event sales while developing new clients resulting in significant revenue growth for Simon. Simon Brand Ventures is the marketing division for Simon Property Group, Inc. which sells mall media, sponsorships and events for Simon Malls for tenants and non-tenant clients. "We selected Stuart to fill this integral and demanding position due to his proven business development skills and experience, and also because of the enthusiasm he brings to his job each day," said Brian Jenkins, regional vice president for the New England region of Simon Property Group.
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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