Name: Kerry McCormack, PE
Title: Principal
Company: LandStrategies, LLC
Location: Boston, Mass.
Family: Melissa (wife), Chloe (3) and Brayden (2)
College: BS, University of Massachusetts Amherst (1995); MBA, Babson College (exp 2011)
First job in real estate or allied field: Civil engineering/site development
What do you do now and what are you planning for the future: Currently a principal with LandStrategies, LLC, a real estate development advisory firm that provides practical project development analysis, advice and program management services with an emphasis on infrastructure planning and regulatory permitting. Through co-investment, LEED development and integration of renewable energies, we allow developers to leverage a higher potential from their property by reducing up front costs and specifically targeting a variety of public funding.
Hobbies: Real estate investment, triathlons, golf and skiing
Favorite book: "The Road" by Cormac McCarthy
Person you most emulate (outside of family): Richard Dean Anderson (MacGyver)
Key to success: Life is short, be passionate about what you do.
West Roxbury, MA Prescott IOS has arranged an industrial outdoor storage lease for Eastern Bus Company at 151 Rivermoor St. David Skinner and Devon Wagner of Prescott IOS represented the tenant, while Caroline Munn nd Rob Byrne of CBRE represented the landlord, Feeney Brothers Real Estate. The 40,000 front foot site gives the bus operator secured yard space close to the routes it serves across Boston and the inner suburbs.
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.