News: Owners Developers & Managers

Woodbury, national officer speaking at the October 25th meeting

IREM senior vice president Randy Woodbury is to speak at the upcoming meeting on October 25th. Woodbury is corporate secretary and vice president in charge of property management for Woodbury Corporation, a family real estate firm since 1919. The firm specializes in developing and managing retail, office and hotel properties in the Western United States, mostly for its own portfolio. Woodbury received a bachelor of arts degree in Finance from the University of Utah and spent seven years in mortgage banking. In 1981, he was asked to head up Woodbury Corporation's property management department and began pursuing the CPM designation, which he received in 1987. Nationally, Woodbury has served IREM on various committees, as regional vice president and as a member of the Executive Committee. At the chapter level, he has served in many capacities, including president of Utah Chapter No. 33 in 1992. He was honored by the chapter in 1993, 2000, and 2005 as its "CPM® of the Year." Randy is a principal in several real estate ventures, serves as a director of American Bank of Commerce and holds Utah real estate and insurance licenses. Involved in church, civic and charitable organizations, he is a member of Rotary, the University of Utah Research Park AdvisoryCommittee and is a board member and immediate past president of the Granite Education Foundation, serving the largest school district in Utah. FourPoints Sheraton Hotel , Norwood, MA  Cocktails 5:30pm Program 6:30pm Landscape contest, Awards Night, National Representative Randy Woodbury, Door Prizes, Networking.
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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