On Thursday, April 10
th, CREW Boston’s Meds & Eds Group hosted DCAMM Commissioner Adam Baacke for an exclusive conversation with Ally Riley, Development Manager at Skanska, on the future of state-owned real estate and DCAMM’s strategic priorities.
Held at Chariles River and Café at Perkins & Will, Commissioner Baacke provided valuable insights into how DCAMM is navigating key challenges and opportunities in the public real estate sector.
Discussion topics included:
- Decarbonization and Sustainability: Commissioner Baacke shared DCAMM’s approach to reducing carbon emissions across the state’s real estate portfolio.
- Generational Cliff: With a significant decline in birthrates over the past two decades, schools and universities are facing a sharp drop in enrollment, leading to potential financial strain and underutilized facilities.
- Strategic Divestment of Assets: As part of a long-term portfolio management strategy, DCAMM is evaluating opportunities to divest underutilized or obsolete assets. Commissioner Baacke explored how strategic asset sales can unlock capital for reinvestment, reduce maintenance costs, and position the state for future growth.
This event offered a unique opportunity to hear directly from DCAMM leadership on how the state is balancing sustainability goals with operational efficiency and capital strategy. Attendees gained valuable insights into the intersection of public policy, real estate strategy, and environmental responsibility—critical knowledge for anyone engaged in Massachusetts’ real estate market.
Thanks to Commissioner Baacke, to Ally, and to Perkins&Will for having us!
