News: Front Section

Pearce Commercial Real Estate names Russell team leader of commercial division

According to Barbara Pearce, president and CEO of Pearce Commercial Real Estate, Carl Russell, CCIM, SIOR, senior commercial broker, has been named team leader for the Pearce commercial division. In this capacity, Russell will use his skills to help increase commercial sales and leases, by assisting agents with technology and financial analysis tools he has honed in his years of teaching CCIM courses, as well as in practicing real estate for over 35 years. He is widely recognized as an industry leader, and as an outstanding professional. Leveraging the skills he has acquired will enable all of our agents to benefit from tools and techniques, and will positively impact our client services "Carl's appointment to this role in the organization is a reflection of his many contributions to the industry and will ensure that Pearce Commercial agents remain in the forefront of the industry," said Pearce. Russell holds the CCIM and SIOR designations and is a CCIM instructor around the country and the world. He is a specialist in investment analysis. He served as president of the Greater New Haven Board of Realtors and has been named "Realtor of the Year" by both the Greater New Haven Board of Realtors and Connecticut Association of Realtors. Pearce Real Estate is a full-service real estate company with more than 100 agents and eight branch offices in greater New Haven and the Shoreline. Commercial Real Estate offices are located in North Haven, Milford and Rocky Hill.
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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