Name: Jon Guerster
Title: Chief Executive Officer
Company: Groom Energy Solutions
Location: 96 Swampscott Rd., Salem, Mass. 01970
Place of birth: New Jersey
Family: Wife, three children
College: Duke University
First job unrelated to your current field: Bumper cars, Ocean City (N.J.) boardwalk
First job in current field: Groom Energy
What your firm does now and its plans for the future? Commercial and Industrial Energy Solutions across the United States.
Hobbies: Playing old man basketball and watching Duke.
Favorite novel: In the Heart of the Sea, Nathaniel Philbreck
Favorite film: Someone Like You
Keys to success: Hang around smart people and learn from them.
Person you most admire (outside of family): Rick Burnes, founder/general partner, Charles River Ventures.
If you had to choose a different profession, what would it be? Orthopedic surgeon
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