News: Front Section

Jones Lang LaSalle names Slye New England regional director

Jones Lang LaSalle said that David Slye has been named New England regional director. Slye, formerly a managing director of the firm's business development team, will oversee the performance and set long-term strategic direction for the New England office. Slye is a former principal of Spaulding Slye, now Jones Lang LaSalle. "Slye is a senior leader who has made important contributions to our success," said Peter Roberts, Jones Lang LaSalle chief executive officer of the Americas. "I am confident that he will create new and exciting opportunites for the firm" Slye has served in various leadership positions during his 11 years with Jones Lang LaSalle and the former Spaulding & Slye. For the last two years he worked with the firm's managing directors as the primary point of contact for institutional and corporate clients. He also provided advice to investment and corporate real estate owners, and oversaw the company's account management program. Prior to these responsibilities, Slye was managing director of the New England Leasing Group. David began his professional career with Leggat McCall Properties. He is a graduate of Babson College, and sits on the Board of Trustees of FCD Educational Services Inc.
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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