News: Owners Developers & Managers

Survive today and tomorrow: BOMA shows you how!

During these challenging times, the edge that you get from timely professional education is more critical than ever. That's why BOMA International designed the education program at the 2009 BOMA International Conference & The Office Building Show in Philadelphia, June 28th - 30th, to specifically arm you with the proven strategies and solutions to help you survive today's tough times and thrive in tomorrow's upturn. Check out more than 40 sessions built around five essential tracks designed to meet these challenges head on. Maximizing Asset Value Looking for ways to"supersize" your asset's value? From trimming expenses to operating more efficiently to making strategic capital investments to delivering high value tenant services, you'll learn how to add value to your portfolio through ingenuity. Going Lean: Managing With Less Doing more with less has become a mantra for today's management teams. You'll learn how to conserve your resources efficiently - cutting fat, not muscle. Your management team can be more effective, even when they're working with less. Maintain healthy assets without depriving your tenants of your employees. Building a Sustainable Bottom Line Building a sustainable bottom line tackles the promise of sustainability's "triple bottom line"—environmental conservation, community benefits, and financial savings. Does it deliver? Examine the long-term, bottom line benefits of sustainability and learn how practitioners keep their bottom lines out of the red by going "green." Leading Effectively in Challenging Times It takes more than buzzwords and management-speak to handle a market this tough. Even the most seasoned industry leaders acknowledge having their mettle tested. Yesterday's solutions just don't fit today's challenges. You'll learn how to succeed in this environment with new leadership skills. Optimizing Building Operations: Tools for Building Engineers It's time to gear up your engineers. Their operational prowess is critical to the long-term health and value of your assets. So give them the latest tools - operational, managerial and even financial. Properly equipped, your engineer can help the entire team. These sessions will help engineers optimize performance and your assets, and keep your buildings running smoothly. All education sessions at the 2009 BOMA International Conference qualify for continuing professional development credits for renewal of industry designations such as ARM, CPM, FMA, RPA, SMA, SMT and SIOR. Some programs qualify for continuing education credits required by many U.S. states and Canada for the renewal of real estate licenses. Visit www.bomaconvention.org to learn more about each session.
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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