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Articles in "The CRE Insider, April 30"
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Thompson Eyes C&I Opportunities (posted 04/30/12)
Five days after graduating from West Virginia Wesleyan College, Brian Thompson got his first job at a bank. He liked it, and it wasn’t long before he became president of that bank. He’s been in bank leadership ever since. In 2004, he took the helm of Commerce Bank & Trust Co., a Worcester commercial bank, which is one of the larger banks based in Massachusetts. Here, Thompson discusses the pitfalls and opportunities of the commercial lending market.
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I-495 West Office Market Accelerates (posted 04/30/12)
The incredible has happened – leasing activity in the Interstate 495 market has been resurrected.
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495/MetroWest Compact Plan Moves Forward (posted 04/30/12)
In June 2010, Massachusetts Secretary of Housing and Economic Development Greg Bialecki made a promise to the 495/MetroWest region to embark on an innovative consensus-building exercise across 37 communities to identify development priorities, infrastructure needs, and preservation opportunities.
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Economic Development Efforts Pay Off (posted 04/30/12)
Few municipalities outside of Boston can lay claim to as many economic development success stories as the city of Marlborough.
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Commercial Brokers See I-495/Route 9 Rebound (posted 04/30/12)
The commercial real estate market along the Route 9 to I-495 corridor has started to show signs of improvement.
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Foreclosed Office Properties Require Rebranding (posted 04/30/12)
In a challenging economy, foreclosed office properties present a myriad of challenges to property managers who are often faced with the difficult task of rebranding a previously foreclosed property.
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New Projects Revive Worcester’s CRE Scene (posted 04/30/12)
In 2003, Lt. Gov. Timothy Murray, then mayor of Worcester, posed with a sledgehammer in front of a moribund shopping mall in the heart of downtown. The mall, which last did business as Worcester Common Outlets, had languished for years. Its then-owner didn’t seem motivated to refurbish or sell the property.