News: Owners Developers & Managers

IFMA Boston 's 10th Annual Schmooze Cruise - Still going strong

More than 250 IFMA Boston members and colleagues took to the harbor on July 19th for our 10th Annual Schmooze Cruise. While the week had seen record temperatures and off the charts humidity, the weather broke just in time providing a perfect night for a cruise, which left from Fan Pier. This year the guests were treated to a bigger and better boat, The Freedom, to accommodate the increase in attendance, which gains popularity each year. The boat sailed to Charlestown, past the USS Constitution and then out past Spectacle Island, a beautiful setting to enjoy the great mix of Facilities Managers and supporters of the built environment. A big thank you to Ellen Rothman and Ana Gannon for co-chairing the event and to their entire committee!—The Freedom.
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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