What emerging trends will drive investment and development in 2023?
Two trends that will drive investment and development in 2023 include decarbonization and mass timber construction.
As many jurisdictions start to implement ambitious carbon neutral goals, we are designing more and more all electric buildings throughout the region and beyond.
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2022?
Our fire/life safety division is run by the most qualified experts in the industry. What matters even more to our clients is having similarly qualified personnel working with them onsite. In 2022,
What person, project, transaction or market trend had the greatest impact on your industry this year? There were a few things that impacted commercial real estate this past year. Industrial inventory was low, and with rising construction costs, demand on vacant space was high.
How has your career path changed in 2022?
My career path leads me toward quality over quantity in terms of assignments. Taking on challenging appraisal and review engagements that are interesting professionally and personally are preferred.
What was your most important professional accomplishment or most notable project, deal, or transaction in 2022? ARCO’s New England division experienced dramatic growth of 300% in 2022, largely due to the extremely high demand for industrial warehouses and GMP facilities, the majority of which are intended for life science tenants.
What person, project, transaction or market trend had the greatest impact on your industry this year?
In 2022 we saw a continued demand for flexible spaces for growing businesses, including existing Quonset companies and businesses looking to relocate within the Northeast. In 2022 there was 305,000 s/f
What person, project, transaction or market trend had the greatest impact on your industry this year?
The supply chain issues were certainly one of the most impactful situations this year for construction. Realizing this was going to be an issue, last year our team perfected our pre-purchasing program,
What was your most important professional accomplishment or most notable project, deal, or transaction in 2022?
Since 1985, Caritas Communities has provided very low-income individuals with permanent housing, support, a sense of community and expanded opportunities. My family has been a charitable partner to
What was your most important professional accomplishment or most notable project, deal, or transaction in 2022?
After over a year and a half to secure permits, the Granite Woods Commerce Center adjacent to exit 11 on I-93 in Hooksett, N.H. broke ground in the fall of 2022. This state-of-the-art 500,000 s/f class A
What was your most important professional accomplishment or most notable project, deal, or transaction in 2022?
Being part of a project to help facilitate a client’s vision of changing the world has been an amazing experience. I’ve had the privilege of working with Ambri, a Tough Tech company focusing
What emerging trends will drive investment and development in 2023?
The residential real estate market has been super-hot over the last few years, with median home values rising to record highs in the state. Unfortunately, due to the lack of inventory along with the
What emerging trends will drive investment and development in 2023?
The market is extremely volatile, and with costs high, interest rates rising, and a possible recession looming, the need to make decisions quickly when it comes to construction is critical. What might be
What emerging trends will drive investment and development in 2023?
Businesses are exiting Greater Boston for our properties because they are built to last and priced right. Our business model includes buying historical mill properties at a low cost per s/f before
What was your most important professional accomplishment or most notable project, deal, or transaction in 2022?
Youth Development Organization (YDO) recently signed a 23,280 s/f, 10-year lease at our mill property, The Landing at Everett Mills in Lawrence, Mass. This expansion allows YDO to broaden its
What was your most important professional accomplishment or most notable project, deal, or transaction in 2022?
Earlier this year, John Parsons, president & CEO of SVN Parsons, reached out to me to help him find a new location for our company. He wanted to be further east and closer to amenities. I sourced an
What person, project, transaction or market trend had the greatest impact on your industry this year?
The rapid increase in interest rates has had a dramatic impact on our industry. We are seeing less inventory available for sale and downward pressure on pricing due to the higher interest rates. We have
What person, project, transaction or market trend had the greatest impact on your industry this year?
Industrial real estate has been totally reshaped for a number of reasons, but specifically Amazon’s change in corporate strategy in subleasing some notable distribution centers has shifted the view
What was your most important professional accomplishment or most notable project, deal, or transaction in 2022?
I’ve been very active lending in the renewable energy market in the past few years. During 2022 at my prior bank, we were funding the construction of solar projects for a developer under a master
Guilford, CT The CCIM Connecticut Chapter is pleased to announce the incoming leadership slate for 2023. Stephanie Romano, CCIM of Sentry Commercial will lead the chapter in her role as president.
Guilford, CT Mark your calendars for January 25, 2023. The CT CCIM Chapter welcomes back Mike Goman, principal of Goman & York, for a virtual webinar to update CRE professionals with his 2023 predictions for the CRE industry.