News: Spotlights

2021 Women in Construction: Krista Evans, Project Manager, Acella Construction Corp.

What was your greatest professional achievement or most notable project in the last 12 months? This past August we were approached by our long term client Northeastern University to complete a COVID-19 testing lab fit-out project on their Burlington Campus. This was a high priority project that had an original schedule of nine weeks shortened to four weeks. Everyone from the design team, to the client and subcontractors vigorously worked together, even working nights and weekends to get this lab completed within our aggressive schedule. This testing lab came at a crucial time when COVID-19 cases were spiking and thousands of students and staff members were being tested daily. This extra space allowed additional tests to be processed on a weekly basis, keeping students and staff safe.

How have you adapted and changed in the last 12 months? Prior to COVID-19 I was accustomed to having multiple weekly project meetings in the city which shifted to working from home and running all meetings remotely. This was a huge change to the way I did my job. On top of this, adapting to this pandemic with two little children has been a whirlwind. When daycares shut down but construction work continued, my life did not stop. I had to learn a new daily routine as a working mother. I had to learn balance between attending to my children’s needs and my work responsibilities.

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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