Newmark Knight Frank and Thompson Hennessey & Partners merge operations
According to Newmark Knight Frank, Thompson Hennessey & Partners will be merging its operations with the firm's Boston office. The addition of 10 professionals and staff considerably strengthens Newmark Knight Frank's capability in the Greater Boston market. The expansion will bolster the depth of experience and breadth of knowledge especially in the firm's brokerage operation. Thompson Hennessey & Partners' co-founding partner and chief executive officer, Catherine Thompson, and its president/partner, John Hennessey, SIOR, will be joining Steve Prozinski and the existing partners to augment the management team for Newmark Knight Frank's Boston office.
"There is a lot of synergy between our teams," Hennessey said. "Our clients are the biggest winners with this merger. They will have more resources at their fingertips, as we work from the global platform of a leading full service firm."
New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
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