Pembroke Real Estate has appointed Andrew Dankwerth to VP of capital projects.
In this newly created role, Dankwerth is responsible for overseeing major capital projects across Pembroke's portfolio throughout the U.S., Europe and Japan. He will also manage the physical due diligence process for acquisitions. Pembroke currently manages more than 3 million s/f of commercial and residential space worldwide, including signature properties in Boston, Brussels, London, Paris, San Francisco, Tokyo and Washington, D.C. Dankwerth will report to Edward Johnson IV, senior VPof Pembroke Real Estate.
Prior to his new role, Dankwerth was development director at Pembroke. Dankwerth joined Pembroke at its inception in 1997, following four years at Fidelity Corporate Real Estate. A registered architect with 17 years experience spanning the commercial, educational, and institutional markets, Dankwerth began his professional career with Massachusetts-based Drummey Rosane Anderson, Inc.
Dankwerth currently serves as VP of the National Association of Industrial & Office Properties' (NAIOP) education committee. In 2006, he was VP of NAIOP's program committee.
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