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South Station Tower

South Station Tower

South Station Tower is a 51-story mixed-use tower situated over Boston’s most connected and active transit hub. The upper 16 floors of the sustainable development will feature residential condominium homes serviced by The Ritz-Carlton, offering unsurpassed service and panoramic views of the city and Boston Harbor. The building will also feature approximately 685,000 square feet of office space and an expansive, nearly 1-acre private park 120 feet above the city, among its amenities. With a striking, timeless design, this new icon—rising 690 feet above one of Boston’s most seen and recognized landmarks—will redefine the Boston skyline.

The project also includes the expansion of the existing bus terminal at South Station, notable for its significant private investment in the city’s transit hub, and the continuation of South Station’s history of being a regional transportation core and destination. This construction is creating an architecturally significant public space at the train station concourse that enhances the image of South Station as a gateway to the city, while increasing the bus terminal capacity by approximately 50 percent and providing more convenient connections to the train and subway. It will also improve the streetscapes with new sidewalks, granite curbs, streetlights, and greenery, further activating the area and resulting in a vibrant and welcoming experience for all.

Speakers and Panels

Current State of Capital Markets

Assessing Boston’s Equity and Debt Markets

Bill Garey

Bill Garey

CIO

Taurus Investment Holdings

Levi Reilly

Levi Reilly

Partner, Head of Development

Marcus Partners

Min Zhou

Min Zhou

Managing Director

Ares Management

Joshua Siegel

Joshua Siegel

Managing Director, Acquisitions

Invesco

Jason Weissman

Jason Weissman

Principal

Boston Realty Advisors & The Broadway Company, LLC.

Ian Brandon
Moderator

Ian Brandon

EVP, Chief Commercial Banking Officer

Cambridge Savings Bank

Levi Reilly

Partner, Head of Development

Marcus Partners

Levi Reilly is a Partner and leads Marcus Partners’ development group. He has been instrumental in growing the firm’s development portfolio which includes Parcels O and P in Boston’s Raymond L. Flynn Marine Industrial Park, ground-up multifamily projects in Metro Boston, New York and Washington, DC and industrial projects across Metro Boston.

Levi joined Marcus Partners from Skanska USA Commercial Development, where he led the Los Angeles development group after having spent four years with Skanska in Boston.

Levi earned a B.S. in Environmental Engineering from Oregon State University.

Joshua Siegel

Managing Director, Acquisitions

Invesco

Joshua Siegel is a Managing Director and Transactions Officer at Invesco Real Estate.

Joshua leads the transaction team for the Central Region and is also directly responsible for

transactions in Boston and Washington D.C. He also directs investments in specialty sectors

including Senior Housing, Life Science and Data Centers.

Joshua began his investment career in 1993 and joined Invesco Real Estate in 2007. Prior to

joining Invesco, he was Vice President of Acquisitions at NPV, a real estate investment and

operating company, where he executed the acquisition and redevelopment of properties

totaling more than 1.4 million square feet. Prior to NPV, Joshua was a Vice President in

Citigroup’s Real Estate Investment Banking Division where he performed investment banking

services for public REITs and private real estate operating companies. While at Citigroup,

Joshua closed transactions involving office, retail, industrial, multifamily and lodging assets

throughout the United States and Europe.

Joshua earned a Bachelor of Arts degree in History from The University of North Carolina at

Chapel Hill and a Master of Business Administration from Harvard Business School.

Jason Weissman

Principal

Boston Realty Advisors & The Broadway Company, LLC.

Mr. Weissman has been selling homes for more than 20-years and oversees Advisors Living – the largest brokerage agency of new home construction in Massachusetts, with new project sales at approximately $1.8 Billion (pre-covid). Alongside Janice Dumont, CEO of Advisors Living, Jason Weissman exclusively represents new developments from Fall River to Newburyport and into the Boston’s core including – The Mark in East Boston; 100 Shawmut in South Boston – both for the Davis Companies; Pier4 on the Waterfront for Tishman Speyer; and 88 Wareham in SoWa for Cresset Development – just to name a few. Jason will unveil market insights from BRA’s Q2 Condo Market Reports and discuss the COVID effect on the housing market throughout the Commonwealth.

Ian Brandon

Moderator

Cambridge Savings Bank

Ian Brandon is the Executive Vice President and Chief Commercial Banking Officer at Cambridge Savings Bank (CSB). Ian leads CSB’s corporate banking operations and strategy, including commercial, specialty lending, and treasury management across diverse industry verticals. With more than 25 years of experience and over $10 billion in completed transactions, Ian is known for delivering client-focused solutions and balancing strategic growth with disciplined credit and risk oversight.

Prior to joining CSB, Ian held senior leadership roles at BankNorth, TD Bank, Emigrant Bank, and American Property Finance. He earned his M.B.A. from Boston University and a B.A. in Political Science and Economics from the University of Massachusetts Amherst.

Ian is also passionate about community involvement and is actively engaged in professional and civic organizations. He is a member of the Real Estate Finance Association, the National Association of Industrial and Office Properties (NAIOP), the Urban Land Institute, and the Real Estate Lenders Association. He also contributes his time and expertise to the Presidents Circle at the Dana-Farber Cancer Institute and serves on the financial advisory committee at the Winchendon School.

Building, Design & Sustainability Trends for Boston’s Assets

Balancing Cost Pressures With High-Performance, Flexible Design

Zoya Puri

Zoya Puri

SVP

Beacon Capital Partners

John Sullivan

John Sullivan

President of Architecture, Partner

SGA

Charles Murphy

Charles Murphy

Associate Partner

Jaros, Baum & Bolles

Leah Atkinson

Leah Atkinson

Senior Vice President

Kinema Fitness Inc.

Jack Robbins
Moderator

Jack Robbins

Vice President

Evolution Sustainability Group

John Sullivan

President of Architecture, Partner

SGA

John, an equal majority owner of SGA, spearheads the firm’s architecture practice, encompassing the life sciences, academic, commercial, technology, and residential markets. Known as a design innovator and thought leader, John leads many of the firm’s valued client relationships. Using his creativity, knowledge and strong communication skills, he has generated award-winning design concepts and has achieved public approvals for SGA’s largest and complex projects.

With over 16 years at SGA, John oversees the firm’s large-scale projects in both urban and suburban settings. He plays a major role in master planning, conceptual design, and the entitlements process, welcoming opportunities to present the perspective of clients to generate consensus among communities, municipalities and key stakeholders.

John’s talent for placemaking and architectural innovation has broadened recognition for SGA’s approach to design. Within the firm, John is a champion for design and an advocate for SGA’s culture, with an ongoing focus on fostering a supportive environment where people can thrive and grow as design professionals.

John received a Bachelor and Master of Architecture from Virginia Tech. Outside of the office, he spends time with his wife, two sons, and dog Brenna, who is a lab mix. He and his family enjoy traveling, the beach, and sports – they support Boston’s pro teams, his sons’ youth teams, and their alma maters, Virginia Tech and Ohio State.

Charles Murphy

Associate Partner

Jaros, Baum & Bolles

Charlie Murphy serves as an Associate Partner at JB&B, where he heads up the firm’s Boston office.

Since joining the firm in 2008, he has led the design and development of HVAC, plumbing and fire

protection systems across multiple project types.

Charlie’s experience in higher education includes numerous buildings at the Columbia University

Manhattanville campus, SUNY Cobleskill Center for Agriculture and Natural Resources, and NYU Langone

Health’s Science Building. He has also been instrumental in the expansion of JB&B’s Science &

Technology practice in Massachusetts.

Charlie’s passion for sustainability and a low-carbon future has inspired him to push the envelope on

traditional higher education design and develop unique solutions for each of his projects, including the

design of low-carbon lab buildings. He holds a Bachelor of Science degree in Mechanical Engineering

from Loyola University Maryland.

Leah Atkinson

Senior Vice President

Kinema Fitness Inc.

Leah Atkinson is the senior vice president of the east region for Kinema Fitness Inc. and Well AP professional.

She has over 20 years of experience in the corporate wellness space, working with companies engineering innovative wellness program solutions, facility design and development along with operational efficiencies, with the sole focus to enhance the lives of employees and improve company culture.

Kinema Fitness is a forward-thinking, full-service, fitness center management and design company that specializes in Class A, multi and single-tenant office buildings, with a passion for providing incredible holistic wellness experiences, while delivering operational efficiencies, leveraging the newest technologies, and providing unparalleled service and results through performance-based contracts. Kinema inspires through innovation and creativity, from operations to programming. They engage members by educating, creating community, and building relationships that are meaningful and lasting.

Jack Robbins

Moderator

Evolution Sustainability Group

As Vice President of Sales, Jack is responsible for the overall framework and management of Evolution’s go-to-market strategy. With a history in Commercial Real Estate Management and a passion for sustainability, Jack’s focus at Evolution is to find creative approaches to improve corporate bottom-line performance through energy conservation measures, energy risk management, and ESG Solutions.

Tracking Boston: Analyzing The Trends Shaping Boston's Development & Infrastructure Patterns

Tracking Projects, Capital Flows, and Infrastructure Shaping Boston’s Growth Corridors

Daniel Nagler

Daniel Nagler

CIO

Cabot, Cabot & Forbes

Christopher Whittier

Christopher Whittier

Senior Director

Tishman Speyer

David Stubblebine

David Stubblebine

President, Co-Founder

The Stubblebine Company / CORFAC International

Barry Goldstein

Barry Goldstein

CEO

Tillman Digital Cities

Sue Hawkes
Moderator

Sue Hawkes

Managing Director

The Collaborative Companies

Daniel Nagler

CIO

Cabot, Cabot & Forbes

Daniel is responsible for leading all capital market activities at CC&F. This includes securing capital for new and existing real estate projects and negotiating joint venture, operating, and loan agreements with investors and lenders. Additionally, Daniel helps identify, underwrite and close potential development and acquisition projects and provides on-going investment analysis for properties within the firm’s portfolio. In complement to these responsibilities, Daniel provides debt placement services through his affiliate AIP Investments, Inc. (www.aip-investments.com).

Prior to CC&F, Daniel was a Founding Partner of Andean Investment Partners, a real estate firm focused on investments and developments in Lima, Peru. Prior to Andean, Daniel worked in acquisitions and asset management at Taurus Investment Holdings, an international private equity real estate firm headquartered in Boston. Daniel received a B.A. from Colgate University and is currently an M.B.A. candidate at the Wharton School of the University of Pennsylvania.

David Stubblebine

President, Co-Founder

The Stubblebine Company / CORFAC International

After graduating from Wheaton College in Illinois in 1986, David co-founded The Stubblebine Company along

with the late Robert D. Stubblebine in 1987. In addition to serving as a company president, David specializes

in selling and leasing large flex and single-story industrial vacant and investment properties and adaptive re-use

sites throughout New England primarily in the Greater Boston market. David has completed transactions with

an extensive list of high- profile companies including Coca Cola, Textron Defense Systems, Simond Saw, DS

Graphics, Constar, The Paper Store, Ryerson Steel, American Power Conversion, Future Foam, Seaboard Box,

Imperial Distributors, Cabot, Cabot & Forbes, Gutierrez Company, Equity Industrial Partners and GFI Partners.

David leads a high-profile sales team that has over 100 exclusive listings throughout New England. David has

achieved the distinction of CoStar Power Broker in being ranked among the Top 20 Industrial leasing brokers in

2004, 2007, 2008, 2011, 2012, 2013, 2016, 2017, 2018, 2019, and 2021 based on total aggregate lease transaction volume for those calendar years. David is licensed in MA, NH, NY, RI, ME.

Barry Goldstein

CEO

Tillman Digital Cities

Barry Goldstein is an accomplished global executive with more than 30 years of strategic

leadership experience, including over 25 years in the hospitality sector. Widely recognized as a

transformative leader, Barry excels at driving revenue growth and delivering measurable results

by aligning sales, marketing, digital, and technology functions. His leadership is defined by a

proven ability to navigate complex organizational change, foster influential relationships, elevate

customer experiences, and consistently achieve strong financial outcomes.

Throughout his career, Barry has led organizational turnarounds by establishing clear strategic

direction, enhancing operational performance, and leveraging innovation and technology to fuel

sustainable growth. His forward-looking mindset has enabled companies to outperform in highly

competitive and rapidly evolving markets.

Most recently, Barry served as CEO of Arch Amenities Group, a premier provider of amenity

management and consulting services for residential and commercial real estate, hotels, resorts,

and private clubs. He has also held senior executive positions at Wyndham Hotels & Resorts,

Starwood Hotels, Cisco Systems, and Panasonic. Barry holds a Bachelor of Science from

Columbia University and is a graduate of the Executive Management Program at Harvard

Business School.

Sue Hawkes

Moderator

The Collaborative Companies

Sue Hawkes served as the Senior Vice President for the Codman Company in Boston for 13 years before joining The Collaborative Companies as Partner and Managing Director in 1997, acquiring TCC and Velocity Marketing in 2008. The Collaborative Companies was acquired by Realogy/NRT in 2016. Ms. Hawkes is a recognized leader in the new construction industry and consults throughout the country. Active in the building industry, she served on the National Association of Home Builders Executive Committee (NAHB), as Chairman of the New England Builders Conference, and as Trustee of both the Institute of Residential Marketing (MIRM) and the National Sales and Marketing Council, the latter of which she has chaired. Ms. Hawkes has also served as President of the Builders Association of Greater Boston.

TCC has been involved in culminating over $14 billion in residential sales transactions and represents most of the region’s premier developers including: Samuels & Associates, National Development, New England Development, The Davis Companies, The Related Companies, Federal Realty, Boston Properties, Lendlease, Nordbloom, Corcoran Co and WS Development, Hines, Fallon Companies, Fortis Companies, among others. Her extensive construction background and diverse marketing expertise has made her insight invaluable to ground up developments, both urban and suburban mixed use.

TCC has established itself as Greater Boston’s foremost leader in market research, design development and project positioning for Master Planned Communities under Ms. Hawkes’ tutelage.

Ms. Hawkes was awarded the NAHB “Bill Molster Award” for industry excellence, the highest honor awarded by the NAHB. She was honored by her alma mater, St. Lawrence University, as recipient of the Alumnae Leadership Award as well as Bisnow's 2023 Women Of The Year recipient and Builders Association Hall Of Fame. She currently serves on the Board of Directors for both Cushing Academy and the Alfond Youth Center in Waterville, ME.

Multifamily Investment, Development and Design

Building, Funding, and Managing Housing Assets

Michael Procopio

Michael Procopio

CEO

The Procopio Companies

Elizabeth Mahoney

Elizabeth Mahoney

SVP, Acquisitions

Berkeley Investments

Lynn Bora

Lynn Bora

SVP

Winn Companies

Mark DePiero

Mark DePiero

SVP Real Estate

Arch Amenities Group

Louis Kraft

Louis Kraft

Senior Associate

Stantec

Aksel Solberg
Moderator

Aksel Solberg

Development Design Studio Lead

HFA - Architecture + Engineering

Michael Procopio

CEO

The Procopio Companies

Michael Procopio is President & CEO of The Procopio Companies (TPC), a vertically integrated real estate development and construction firm based in Boston with a track record of over $1 billion and 5,000,000 square feet of institutional ground-up development.

Michael joined the firm in 2001, led a buyout of the third generation and became Principal in 2016, and was named CEO in 2020. Under his leadership, TPC has built a current ground-up pipeline of over 3,000 units, specializing in market-rate multifamily communities across the Northeast, the Carolinas, Florida, and Texas. Michael is known for pairing bold design instincts with disciplined execution, and for cultivating the enduring relationships — with investors, partners, and host communities — that have defined TPC’s approach across generations.

Michael holds a Bachelor of Science from Salem State University.

Under Michael’s leadership, TPC was named Family Business of the Year by Northeastern University, and Michael himself was recognized as one of Building Design + Construction’s 40 Under 40 in 2022. The firm’s projects have earned dozens of industry accolades, including PRISM Awards, ENR Best Project Awards, and NAHB Pillars of the Industry Awards.

Mark DePiero

SVP Real Estate

Arch Amenities Group

Executive leader with a diverse domestic and international background in hotel operations, sales, corporate meetings, co-working, community building, workplace management, and Class A commercial real estate amenities.

As a founding member of Dolce Hotels & Resorts, played a key executive role in expanding the brand from a single property in Texas to 26 properties across seven countries in North America and Europe.

A core team member at Convene, instrumental in establishing the company’s organizational foundation and fiscal controls for its next phase of growth. Led the transition from a centralized corporate model to a balanced structure of field operations and accountability, supported by corporate resources. Developed a reporting framework that optimized productivity metrics, service delivery, guest satisfaction, and property performance.

Louis Kraft

Senior Associate

Stantec

As an architect with a knack for large, complex projects Louis leverages his expertise and collaborative skills to unlock potential for his clients, their projects, and the people they serve. In practice, he bridges the gap between visionary design and thoughtful execution—designing and delivering mixed-use, residential, life science, hospitality, and retail projects for forward-thinking clients and communities.

Among his notable achievements are two groundbreaking mixed-use community redevelopments in greater Boston. One Charlestown reimagines an existing public housing development as an inclusive mixed-income community for several thousand residents. And the Northland Newton Development holds distinction as one of the largest Passive House residential communities in the United States, showcasing a commitment to sustainable design.

Aksel Solberg

Moderator

HFA - Architecture + Engineering

In his 12 years of experience, Aksel has worked on many project types, including historic preservation, residential, commercial, industrial, offices, religious, educational, and museums. After many years involved in various community and industry organizations, Aksel has developed a talent for building trusting relationships with clients, consultants, and co-workers. His breadth of knowledge allows him to bring a unique perspective to every project. With an eye for detail and architectural design principles, Aksel ensures that every project is one of which clients and designers can

be proud.

Opening Remarks

Policy, Planning, and the Path Forward for Boston CRE

Jennifer Schultz

Jennifer Schultz

Partner

Nixon Peabody

Jennifer Schultz

Partner

Nixon Peabody

Jennifer Schultz is a partner at the law firm Nixon Peabody, LLP, and the Leader of the Nationwide Real Estate Development Team. Jenn specializes personally on large-scale complex mixed-use development in and around the Boston area, Worcester, and Providence, RI. She and her team have successfully permitted over 10 million square feet of development over the last 6 years, including over 4 million square feet of lab/R&D space. Nixon’s national development team includes more than 26 lawyers and professional staff across seven offices.

Why You Should Attend This 2025 Boston State of The Market

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Venue

South Station Tower
680 Atlantic Avenue
Boston, MA 02111

Registration: Floor 11
Event: Floor 14 (must check in on 11 first)


If you are driving, park on P1, P2, or P3
You will take elevators G3 or G4 from the garage up to floor 11 to check in at the Bisnow registration desk
Please click HERE for parking information.

Get Directions

Agenda

Time Activity
1:00 PM
1:50 PM
Coffee, Breakfast & Networking
1:50 PM
2:00 PM
Remarks From The Podium
2:00 PM
2:45 PM
Current State of Capital Markets

1.) Discuss how Boston stacks up nationally for investment activity and institutional interest.
2.) Forecasting the next 12–18 months: Is stability returning to the markets?

2:45 PM
3:30 PM
Building, Design & Sustainability Trends for Boston’s Assets

1.) Understand Incorporating smart building technologies for operational efficiency.
2.) Exploring how developers are meeting increasingly strict energy and sustainability codes.

3:30 PM
3:45 PM
Networking Break
3:45 PM
4:30 PM
Tracking Boston: Analyzing The Trends Shaping Boston's Development & Infrastructure Patterns

1.) Understand how Boston’s population and employment trends are influencing real estate demand.
2.) Examine what the latest permitting, entitlement, and construction pipeline data reveals about 2026 and beyond.

4:30 PM
5:15 PM
Multifamily Development and Design

1.) Discuss navigating the permitting and zoning environment for multifamily housing in Boston.
2.) Examine the role of public-private partnerships in scaling new multifamily supply.

5:15 PM
5:30 PM
Post Event Networking

Platinum Sponsors

Gold Sponsors

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