News: Front Section

Richards Barry Joyce & Ptrs. earns 2007 CBA Life Science Deal of the Year award from the CBA

Richards Barry Joyce & Partners, LLC (RBJ) and its work with Shire Human Genetic Therapies earned the firm the "2007 CBA Life Science Deal of the Year" award from the Commercial Brokers Association. In 2007, RBJ developed and executed a real estate strategy for Shire, in which the RBJ team analyzed all aspects of Shire's real estate portfolio and associated business operations, from headquarters to research, to manufacturing and distribution. Execution of the strategy resulted in five transactions in Lexington and Cambridge, representing 242,500 s/f of office, laboratory and biotechnology manufacturing space. The RBJ team that represented Shire consisted of Robert Richards, president, Jonathan Varholak, partner, and Brian Cohen, director of consulting services. The CBA's "Deal of the Year" awards are presented to acknowledge the leading transactions in four major categories: life science, office, industrial and retail. The award takes into account complexity, ingenuity, market impact, uniqueness and transaction size. The award was announced at the CBA's annual awards banquet. The CBA is a division of the Greater Boston Real Estate Board. "RBJ is pleased to have worked with Shire to develop a real estate strategy to support the company's business," said Brian Cohen, director of consulting services, RBJ. "Our work helped set the stage for the company's expansion, based on extensive review of Shire's employee demographics and growth estimates."
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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