News: Owners Developers & Managers

Four BOMA Boston buildings recognized as BOMA Mid-Atlantic Conference Regional TOBY winners

On March 23rd, four BOMA Boston members were recognized for their outstanding building operations at the BOMA Mid-Atlantic Office Building of the Year (TOBY) Awards. *Westboro Executive Park (managed by Jones Lang LaSalle) took home the honors in the Suburban Low Rise category; *Stony Brook Office Park (managed by CB Richard Ellis/New England) walked away with the Suburban Mid Rise award; *One Financial Center (managed by Jones Lang LaSalle) was the top winner in the Over One Million Square Feet category, and *BOMA Boston's first-ever Earth Award winner was One Boston Place (managed by CB Richard Ellis/New England). The event recognized 13 buildings from the Mid-Atlantic region and all winners will compete at the BOMA International TOBY Awards on June 30th in Philadelphia, Penn. BOMA Boston is hoping to bring home four international TOBY winners in June. Stay tuned!
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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