New England Chapter SIOR board of directors meet March 26th
The New England Chapter of SIOR held its quarterly board of directors meeting at Mark Stevens offices on Thursday, March 26th. The board reviewed the upcoming national convention; the April 21st landlord breakfast and the May 14th annual golf outing. Greg Klemmer emphasized the focus to attract potential SIOR candidates.
Later in the evening the SIOR Chapter held its quarterly Bull & Beer Night at Bakey's Pub, 45 Broad St. Approximately 35 SIORs and guests attended the reception for informal discussions about the current economy, Boston's office and industrial markets and the upcoming SIOR national convention. Hors d'oeuvres and beverages were provided for SIOR members who were also encouraged to bring guests. The event was a great opportunity to introduce SIOR members to potential new candidates as well.
The Chapter would like to thank Dacon for sponsoring the event and Jim Boudrot for organizing the event. Both Kevin Quinn and Chuck Reilly from Dacon, an SIOR Chapter corporate member, welcomed attendees and were generous with their time.
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 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!
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 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