News: Front Section

VERC Enterprises honored by Energi Insurance Services Inc.

Gas station and convenience store retailer VERC Enterprises received the 2014 Excellence in Risk Management Award from Energi Insurance Services Inc. for its commitment to loss prevention and safety. Accepting the award at the 2014 Risk Management & Insurance Summit in San Antonio was Barry Ahern, director of operations at VERC. This marks the second consecutive year VERC Enterprises has received the honor. The summit featured keynote address speaker President George W. Bush. "It was an honor to once again receive the Risk Management award from such a prominent company and to have the opportunity to attend this prestigious summit," said Leo Vercollone, president of VERC Enterprises. Energi is a Peabody, Mass.-based industrial reinsurance company that provides specialized insurance and risk management products to targeted market segments of the North American energy industry. The theme of the 2014 summit was "Pioneering the North American Energy Industry." Duxbury, Mass.-based VERC Enterprises is a leading regional convenience store and Mobil/Gulf gasoline operator with locations throughout eastern Mass. and N.H. It has more than 230 employees and is a leader in hiring those with intellectual and developmental disabilities. In 2011 VERC Enterprises was recognized byThe Boston Business Journal as a Best Place to Work in Mass. and as a Leader in Diversity and in 2011, 2012 and 2013 by The Boston Globe as a Best Place to Work in Mass.
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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