News: Spotlights
Posted: June 30, 2023
NEREJ’s 60th Anniversary: Ed Zuker, Chestnut Hill Realty
Founder & CEO
Chestnut Hill Realty
When did you discover the New England Real Estate Journal? When I started in 1969 the NEREJ gave me a good feel for what was going on in the industry and I built a great relationship with Rolly.
In what way has New England Real Estate Journal been a benefit to you and your business? It is good to see what my peers in multifamily housing are up to, along with my friends and organizations in other real estate areas. NEREJ connects our industry with information you get nowhere else.
How long have you been affiliated with the commercial real estate industry? In 1987 the NEREJ made me aware that companies were actively looking for retail space and helped me lease up my one and only shopping center located at Hancock Village.
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Columns and Thought Leadership
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
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
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 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