News: Spotlights

2021 Women in Construction: Kathleen Cloud, President, M. Frank Higgins & Co., Inc.

What was your greatest achievement or most notable project in the last 12 months? One of the most notable projects managed in 2020 was overseeing Higgins’ own office renovation. Imagine purchasing a 31,000 s/f building in February 2020, with 8,000 s/f of office space to be completely gutted and renovated, and then have the country shut down a few weeks later. The challenge was on to create a world class office showroom in less than three months and effectively communicate the Higgins brand. Luckily we had an amazing design team, (led by woman-owned 5 Hills Design in Hebron, CT).

How have you adapted and changed in the last 12 months? Higgins has been fortunate to remain open throughout the pandemic. We have reinforced our safety measures in the field as well as the office, and they have worked well. We have a Flooring Services division that added cleaning and disinfection options to its repertoire, which was a huge plus. Higgins has continued to accept visitors into our space, albeit with full safety measures in place, and our welcome has been well received.

What are you most looking forward to post-pandemic? I am looking forward to gathering together in person…hosting many designers, architects, general contractors, clients and vendors in our newly renovated, knock your socks off, training room/library. This resource can be used for presentations of new products, training installers, and offer the architectural communities a place to dream. Folks can celebrate our use of nature, lighting and color. The office even features a “grow wall” with live plants, which was installed to physically bring the outside in. Come visit!

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

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