What noteworthy transactions or deals from this year best exemplified key market trends or shifts?
150 Church St. Pembroke, Self Storage Development, shows that developers are still active even in competitive interest rates and construction costs.
What noteworthy transactions or deals from this year best exemplified key market trends or shifts?
The trend of outside dining continues, for some restaurants even in cold-weather months. This has provided an opportunity for us to demonstrate what tents are capable of.
What noteworthy transactions or deals from this year best exemplified key market trends or shifts?
We closed on multiple multi-family C-PACE (Commercial Property Assessed Clean Energy Financing) transactions, including 19 Elm St. in New Haven and 480 Myrtle St. in New Britain, where traditional bank borrowers moved
What noteworthy transactions or deals from this year best exemplified key market trends or shifts?
Consolidation of property ownership seems to be on the rise, as well as vacancies of retail and lab space. However, inventive developers are starting to strategize how to put high-end residences into retail spaces and turn a profit with the proper design approach.
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2024?
Skanska marked several project milestones in 2024, including being selected to complete renovations for Boston’s Logan Airport’s Terminal B Garage and Terminal E Garage.
What noteworthy transactions or deals from this year best exemplified key market trends or shifts?
Despite a challenging year for the industry, we successfully executed over 630,000 s/f of new leases in 2024 across our portfolio, which most recently included 101,000 s/f with ZoomInfo at 404 Wyman St. in Waltham, MA,
What noteworthy transactions or deals from this year best exemplified key market trends or shifts?
This year’s acquisitions of third-party fee-managed clients highlighted how property management is evolving. Owners and boards are increasingly engaged, requiring property managers to balance operational excellence, compliance, and transparency while serving as advisors.
What noteworthy transactions or deals from this year best exemplified key market trends or shifts?
The Foundry has been a standout project this year, capturing the growing trend toward adaptive reuse and community-driven development. Transforming a former industrial space into a vibrant, mixed-use environment
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2024?
This year, I had the exciting opportunity to collaborate with Dartmouth College on a new apartment-style housing project on their campus in Hanover, NH.
The NEREJ reached out to the Elevate Cambridge team as the winners of the 2024 Project of the Year! Below is a Q&A with Sean Selby of Arrowstreet and Jason Emord of Timberline Construction: