Lou Proto, principal of The Proto Group, has been in the commercial real estate field since 1989. He has served as the state of Connecticut retail co-chairman of the International Council of Shopping Centers, a post he held from 1996-2000.
Steve Patten has specialized in the commercial field since 1994. In addition to holding a BA in economics from the University of Connecticut, he has earned degrees in architectural drafting and mechanical engineering and is pursuing his CCIM designation. He has served as the Connecticut ICSC retail co-chairman from 2002-2005, held the position of director of the Greater New Haven Association of Realtors from 2004-2006, and is a former president and director of the Greater New Haven Association of Realtor's Commercial and Investment Division. Patten is a frequent contibutor to the New England Real Estate Journal.
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