News: Front Section

VERC Enterprises honored for leadership in hiring Mass. Re-Entry Candidates

Massachusetts convenience and gasoline retailer VERC Enterprises was honored for its outstanding leadership in hiring candidates who have gone through the Massachusetts Re-entry Program. State representative Eugene O'Flaherty (D) presented the award to VERC top executive Leo Vercollone during the August 14th ceremony held at Bunker Hill Community College. The re-entry program, facilitated by the Massachusetts Department of Career Services, recognizes the importance of building self-worth and instilling dignity by helping to find meaningful work for formerly incarcerated individuals, a Leo Vercollonesentiment that VERC Enterprises has taken to heart. Over the past three years the company has hired 25 individuals who have undergone the program; presently, VERC employs eight people who have taken the program. "We are honored to receive this award," said Vercollone. "Far too often, people coming out of prison and back into society face hurdles finding work, with the sad end result being a return to incarceration due to lack of opportunity. The Re-Entry Program, working in conjunction with businesses, seeks to turn that scenario around. The program provides careful screening regarding both rehabilitation and skill set, making the transition from formerly incarcerated to currently employed a straight-forward one." VERC Enterprises is a leading convenience store and Mobil/Gulf gasoline operator with locations throughout eastern Massachusetts and New Hampshire. It has more than 230 employees and is a leader in hiring those with Intellectual and Developmental Disabilities. In 2011 VERC Enterprises was recognized by The Boston Business Journal as a Best Place to Work in Massachusetts and as a Leader in Diversity and in 2011 and 2012 by The Boston Globe as a Best Place to Work in Massachusetts.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
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