News: Front Section

Giunta promoted to executive vice president of Grubb & Ellis

Grubb & Ellis Co. promoted Philip Giunta to executive vice president, transaction services group, from senior vice president. Prior to joining Grubb & Ellis, Giunta was a senior vice president and partner with CB Richard Ellis where, since 1995, he was a consistent and mulit-year recipient of CB Richard Ellis New England's Top Broker award. Previously, he was an assistant vice president with Leggat McCall and a financial analyst at Raytheon Corp. Giunta joined Grubb & Ellis in 2007 "Phil's consistently high performance and commitment to superior client service set the standard for professionals throughout our company and the entire industry," said Jack Van Berkel, chief operating officer of Grubb & Ellis and president, real estate services. "We are very proud of what he has achieved and couldn't be more pleased to have him on our team."
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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