News: Spotlights

What are your predictions for commercial real estate in 2019? - by Dennis Serpone

Dennis Serpone
National Restaurant Exchange

In the same way that the stock market has been volatile due to accelerating domestic and international pressures, the restaurant industry in New England has seen a shift in trends. People are further integrating food in all aspects of our daily lives. Whether it’s a daily routine of fast food, casual dining, or the tradition dinner, eating out continues to expand. However, in some quarters, food that was eaten in a restaurant is now being delivered to homes. The result is a loss of tips for servers, and an extra delivery cost for management. The “Dominoes effect” has caught up with the non-pizza market. With numerous retail life-style center being developed, populated by every variation for food stuffs that you can think of, competition for market share and staffing is going to be severe. That said, 2019 will be a stellar year for the hospitality markets.

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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