News: Spotlights

New England SIORs attend an afternoon at Yankee Stadium

The New England and Tri-State New York Chapters of SIOR and CCIM organized an All-Star networking afternoon and night at Yankee Stadium on Friday, September 7th. Over 250 of the premier commercial brokers in the northeast attended this event with a guided on-field tour of Yankee Stadium held on Friday afternoon with a major reception. Legendary Yankees Johnny Blanchard, Bobby Richardson and Red Sox former player Bill Lee met with New England SIORs, Mark Stevens, Greg Klemmer, Chris Tosti, Arlon Brown, Greg Cahill for autographs. Although no game was scheduled during this event, it was great business networking opportunity. The House that Ruth built is in its final year as it will be demolished. A new adjacent Yankee Stadium is under construction. There was a full tour of Yankee Stadium including the dugouts, locker rooms, the tour of the baseball field and the monument to Yankee greats. The attendees received autographed baseballs during the 45-minute tour. The reception lasted four hours.
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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