News: Spotlights

New England SIORs attend an afternoon at Yankee Stadium on September 7th

The New England and Tri-State New York Chapters of SIOR and CCIM organized an All-Star networking afternoon and night, not to be forgotten, at Yankee Stadium on Friday, September 7th. Over 300 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 Yankee and Red Sox former players met with the New England SIORs. The afternoon was truly the All-Star commercial real estate networking event. Although no game was scheduled during this event, it was great business networking opportunity to mingle with other SIORs, CCIMs and commercial brokers from New York, New Jersey, Connecticut and the remainder of New England. The venue was Yankee Stadium, the house that Ruth built, and is in its final year as it will be demolished. A new adjacent Yankee Stadium is under construction. The New England SIOR Chapter co-sponsored this networking and social event along with the CCIM Institute, NYSCAR and the CCIM/SIOR Chapters of New York, New Jersey and Connecticut. Many of the attendees made a weekend in New York out of this event. More information will be detailed in the next issue.
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Columns and Thought Leadership
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