News: Connecticut

SIOR Fall World Conference held at the Omni Hotel in Nashville

With an attendance pushing record levels, 1,003 members, associates, and sponsors attended The Society of Industrial and Office Realtors Fall World Conference at the Omni Hotel. Located in Nashville's vibrant downtown, across from the Music City Center and in walking distance to Nashville's finest restaurants, sporting and entertainment venues, the conference provided a great mix of professional and educational daytime events and nighttime music-filled entertainment. Several members from the Western Massachusetts/Connecticut Chapter attended. The prevailing theme at the Conference was one of optimism regarding the U.S. economy and domestic manufacturing. The market anticipates a continuation of re-shoring manufacturing activity in the United States, with several major manufacturing projects recently announced, primarily in the Southeast. Other factors contributing to this optimism include productivity advantages in the U.S., the decreasing labor cost gap with Asian countries, and decreased energy costs due to domestic oil and gas production. General session speakers included Jonah Berger, marketing professor at The Wharton School/University of Pennsylvania and author of the Bestseller, Contagious. Diana Nyad provided a compelling and inspirational message that you are never too old to chase your dreams, as she chronicled her successful quest to swim from Cuba to Florida at age 64 after several failed attempts. And, Tulane University's A.B. Freeman School of Business professor, Peter Ricchiuti, PhD, presented an upbeat current view and forecast of the economy; sprinkled with his down-to-earth humor. SIOR is the leading professional commercial and industrial real estate association. With more than 3,000 members in 580 cities in 26 countries, SIOR represents today's most knowledgeable, experienced, and successful commercial real estate brokerage specialists.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
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