Name: Theodore Arend
Title: Property Manager (Department Head)
Company: The Grossman Companies
Location: 1266 Furnace Brook Pkwy., Quincy, MA 02169
Birthplace and year: Utica, N.Y., 1941
Family: Wife, Van; son, Torven
College: RIT, BS, Business Administration/University of Denver, MBA
First job outside of real estate: Mobil Oil, sales representative
First job in real estate or allied field: Mobil Oil, bought service stations and fixed them up.
What do you do now and what are you planning for the future? My department takes care of all of the real estate owned by the company (about 26 properties). We develop and maintain budgets for all of them.
Hobbies: Collect books - first editions, historical, special interests; hiking
Favorite book: "Catcher in the Rye"
Favorite movie: "Lonesome Dove"
Persons you admire most (outside of family): Lewis and Clark
Key to success: Persistence
If you had to choose another vocation what would it be? Book dealer
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 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