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MEDIA RELEASE: Core Investments, Inc. Adds Three New Professionals to its Staff; Bowen, Greene, and Pellerin Will Focus on Development, Construction, and Assets

May 24, 2021

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MEDIA RELEASE: Core Investments, Inc. Adds Three New Professionals to its Staff; Bowen, Greene, and Pellerin Will Focus on Development, Construction, and Assets

BOSTON Core Investments, Inc., a Boston real estate development and investment company, has added three new professionals to the growing firm, including Luke Bowen as Director of Construction and Development, Zachary Greene as Vice President of Asset Services, and Jordan Pellerin as Development Administrative Lead.

In addition, Dave Cameron, AIA, a four-year veteran of Core Investments who was Project Manager, was promoted to Senior Development Manager and Design Director.

The new additions to Core’s team of professionals will contribute to the company’s growth and the ongoing and future development of the emerging On the Dot® neighborhood around Dorchester Avenue, as well as other significant Core properties in South Boston and elsewhere in Greater Boston.

Luke Bowen was a Senior Construction Manager at Boston Properties before joining the Core family. He managed design and construction teams, including those on projects for The Akamai Technologies and Google in Kendall Square in Cambridge. Previously, he was an Owner’s Project Manager for Strategic Building Solutions, and before that he worked for PCM Consulting Inc.

Bowen will assist coordination of planning and development of On the Dot® and other Core Investments properties in the Greater Boston area. He will assist John Cissel, President of Core Development, a unit of Core Investments, and the team in permitting stages through construction.

Zachary Greene was previously with MassDevelopment, where he was Senior Vice President for Asset Management. There he was responsible for developing and implementing strategies for the agency’s owned and leased real estate, earlier holding two other positions at MassDevelopment. Before that, Greene was Commercial Real Estate Appraiser for Byrne McKinney and Associates, Inc. Greene will oversee Core Investments’ existing properties and deal with leases, tenants and tenant agreements, coordinating with buildings’ managers and reporting to Brett Lazar, President of Core Investments.

Jordan Pellerin joined Core Investments from Elkus Manfredi Architects, where she supported one of the Principals and project teams on architecture and earlier worked with the Vice President of Interior Design in the interior studio. Pellerin will be supporting Cissel and the Core Development team with project and contract coordination.

Dave Cameron will continue to lead a variety of residential, commercial, mixed use, and laboratory projects for Core. His primary responsibilities include underwriting and financial analysis, market and site studies, permitting strategy, project reporting, and management through to project stabilization.

Core Investments, Inc. and its subsidiaries were founded by David Pogorelc, who is Chief Executive Officer and has been active in Boston real estate for 30 years.

Core is currently planning for On the Dot®, a future development of formerly industrial, underused land along the west side of Dorchester Avenue. The property currently has about 40 small to medium-sized tenants. On the Dot®’s future is being planned with a vision consistent with existing residents’ 21st century needs and preferences, in collaboration both with the neighborhood and the City of Boston.

On the Dot® includes DOTLabs, a large, two-building complex on Dorchester Avenue in South Boston that will be available soon for 140,000 square feet of life sciences, research and development, and manufacturing in Boston’s latest emerging tech and science cluster. The industrial-scale buildings, at 2 and 4 Alger Streets, are being transformed with modern amenities and lab infrastructure upgrades, available for occupancy in mid-2022. Cushman & Wakefield has been engaged as the real estate broker and is talking with potential tenants.

Core Investments notified the Boston Planning and Development Agency in January of its Master Plan for 9.1 acres adjacent to DOTLabs and within the larger On the Dot® neighborhood, projected to include three lab buildings and a fourth that may have residential. Plans also call for more than an acre of green space in this new life science cluster.

The area has unparalleled location and transportation advantages to serve Boston’s rapidly growing life sciences sector and meet existing demand for lab space. It is between Andrew Square Station and Broadway Station on the MBTA’s Red Line and near I-93 and I-90 highways.

Core Investments led the transformative development of Washington Village, a million-square-foot mixed-use project on five acres in South Boston. With partner Samuels Associates, that project is scheduled to begin construction this summer.

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