News: Front Section

2017 Annual Review: Glenn Kingsbury of NECA, Boston Chapter

What was your greatest professional accomplishment in 2017? The training initiatives that NECA has implemented in such important areas of electrical construction as Building Information Modeling (BIM), prefabrication, advanced project management and Advanced Foreman Training, as well as ongoing safety training programs, continue to expand the knowledge of our contractors. These programs enhance NECA contractors' capabilities in providing excellence and efficiency in electrical construction services to many of the most complex projects in Greater Boston and throughout New England.

What are your predictions for commercial real estate in 2018? The future looks bright for New England's electrical construction industry.  There will continue to be an influx of major projects in the Seaport, North Station, the South End, and throughout Greater Boston, Cambridge and beyond. Plus, major infrastructure, utility and renewable energy projects will be ongoing throughout the region. Also, Wynn Boston Harbor, the largest private development project ever in Massachusetts, will have a host of NECA Boston contractors with skilled IBEW Local 103 electricians and technicians handling all aspects of the project.

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Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary