News: Front Section

Thru the Lens: Staff of Cresa Boston recently volunteered on two occasions to renovate a home for Habitat for Humanity

Staff of Cresa Boston, the area's largest commercial real estate advisory firm specializing in tenant representation, recently volunteered on two occasions to renovate a home for Habitat for Humanity. Cresa provided painting, flooring, siding, and other manual services on the home at 51 Navarre St. as part of the rehab work needed before the selected families move in. The two-family home, which was bought out of foreclosure 18 months ago, will be ready for occupation in early to mid 2013. Habitat Greater Boston is a Massachusetts charitable nonprofit organization that builds or rehabilitates simple, decent houses by forming partnerships with low-income families in need of decent and affordable housing. Cresa began volunteering for the Habitat last year and plans to continue supporting the organization to help strengthen the local Boston community. Staff members (from left): Dave Ross, John Coakley, Paul Delaney, Katie Barrows, Jocelyn Driscoll, Dan Sullivan, Chris Crooks, Joe Doyle. Other employees who volunteered their time during the two-day period were: Jim Ricker, John Chase, Sara Wager, Kristin Otto, Jenelle Bonazzoli, Kim Checkoway, Kelly Lagergren, Cindy Cloran.
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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