Mark Your Calendar
Meet the Commonwealth's Secretary of Economic Development: Yvonne Hao
Join NAIOP to hear from the Healey-Driscoll Administration’s Secretary of Economic Development, Yvonne Hao, who has been charged with securing and growing the Massachusetts economy.
In her first address to the commercial real estate community, attendees will get to hear from Secretary Hao first-hand about the Healey-Driscoll Administration's economic development priorities, including creating economic opportunities for residents; fostering collaborative leadership in communities; and encouraging an environment that supports job creation and business growth, all through the lens of the Healey-Driscoll Administration’s goals of affordability, equity, and competitiveness. Then, in a conversation moderated by NAIOP CEO Tamara Small, Secretary Hao will answer the CRE industry's most pressing questions about our economic future.
May 24 | 8:00 AM - 9:30 AM | Foley Hoag LLP, 155 Seaport Blvd.
Space Spotlight: View Boston by BXP
Join NAIOP for early access to View Boston at the Prudential Center. This exciting new addition to the city is Boston’s only observatory and covers the top three floors of the Prudential Tower. It offers breathtaking views, a 360-degree outdoor viewing deck on the 51st floor, multiple dining options, and immersive experiential exhibits. Upon arrival, attendees will tour View Boston followed by a presentation from the team, concluding with a cocktail reception. This is an event not to be missed! Space is limited and is open only to NAIOP members.
June 7 | 4:00 - 6:30 PM | Prudential Center
Feature Blog Posts
How to Protect our Economic Growth and Fight for our Climate Future
Climate change is an economic development, public health and environmental issue that affects every resident and business in the commonwealth. Bold action must be taken, along with critical short-term strategies that effectively balance our continued economic growth with our long-term decarbonization and environmental goals. Only this approach will ensure that Massachusetts is put on a responsible, achievable path to mitigate and manage the devastating effects of climate change.
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WHAT’S AHEAD IN 2023?
This excerpt was written by NAIOP CEO Tamara Small was originally published in the Boston Business Journal on January 27, 2023.
The year 2023 is expected to be a bumpy one for commercial real estate. The Financial Stability Oversight Council‘s Annual Report recently listed commercial real estate as one of its top market and credit concerns due to rising interest rates, borrowing costs, and uncertain economic conditions. In the Greater Boston market, the “flight to quality” trend where tenants are opting for new, highly amenitized Class A space will continue this year — particularly for lab and office tenants. Sublease space and vacancy rates, already at the highest point in 20 years in Boston, will continue to climb in both the downtown and suburbs.
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Strategies for a Strong and Resilient Massachusetts
With a new gubernatorial administration comes new opportunities to shape the future of Massachusetts. As we look ahead to 2023, there is little doubt that it will be a difficult year for businesses. The incoming Healey-Driscoll administration must be a partner with the business community to ensure that safeguards are in place so the commonwealth can weather the economic storm. Only together can we work to secure the livelihoods and futures of Massachusetts’ residents and businesses.
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