For owners of fully-leased buildings looking to sell, demand remains steady for industrial investors - by Julie Freshman, George Paskalis and Mike Giuttari

In 2024, we expect that the supply of industrial buildings and spaces in the Rhode Island market will remain low, with vacancy rates that remain in the 1% to 2% range for “modern” industrial buildings.

Check out NEREJ's
2024 Forecast!

Check out this NEREJ's 2024 Forecast! ...

2024 Year in Review: Michael Jacobs,
NAI Glickman Kovago & Jacobs

What noteworthy transactions or deals from this year best exemplified key market trends or shifts?  The Lebanon Hill Apartment Complex, a 116-unit property at 39 Therese Ave., Southbridge, closed in November for $12.7 million. In early 2024, the multi-family sector

2023 Year in Review: Andrew West, Elkus Manfredi Architects

What person, project, transaction, or market trend had the greatest impact on your industry this year? One continuing trend with huge impact on our industry is mixed-use, community-centered development – buildings and public spaces integrated into the fabric of neighborhoods

2023 Year in Review: Stacy Roman,
Chapman Construction/Design

What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? Over the past few months, I have been working with the AGC BWiC Committee and Christy Murphy of The Vertex Companies to launch a podcast called “Behind the Facade.”

2023 Year in Review: Daniel Chauvin,
NSG Life Safety

What person, project, transaction, or market trend had the greatest impact on your industry this year? The emergence of In-building (layer 1) Mass Notification systems in the educational use group has proven to be the largest opportunity in the Life Safety Industry.

2023 Year in Review: Edward Zuker,
Chestnut Hill Realty

What person, project, transaction, or market trend had the greatest impact on your industry this year? Rent Control – to me it’s deja vu. I observed it coming in the 60s when our industry said “we have the State House under control”

2023 Year in Review: Todd Tremblay,
Horvath & Tremblay

What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? We continued to rapidly grow our organization through strategic additions. We added three new offices in 2023, New York City, Bethesda, Maryland, and Tampa, Florida

2023 Year in Review: Gustavo Lopes,
Bridgeline Exteriors

What person, project, transaction, or market trend had the greatest impact on your industry this year? One market trend that has impacted our industry is the shift in commodities markets which has created the need for my team as a subcontractor

2023 Year in Review: Nicholas Golon,
TFMoran, Inc.

What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? >TFMoran partnered with Unitil and ReVision Energy in the development of the Kingston PV Facility, planned for construction in early 2024 pending final permit approvals.