News: Spotlights

2021 Women in Construction: Nicole Phillips, Senior Project Manager, Network Design and Construction, Inc.

What was your greatest achievement or most notable project in the last 12 months? The greatest achievement was the renovation project of an occupied health care facility. Due to the pandemic the construction industry faced challenges. This particular project was notable as we were able to overcome these challenges and satisfied the customer’s expectation. We experienced minimal impact with material delays as the material procurement was completed just before the shutdown. Maintaining productivity while adhering to the state requirement of social distancing as multiple trades were unable to work simultaneously as before was another challenge. But the challenge that defines the project was ensuring that construction didn’t disrupt COVID testing while maintaining the schedule.

Why should women consider a career in the A/E/C industry? There are so many reasons why women should consider a career in the A/E/C industry namely: It provides a sense of empowerment and fulfillment, financial gain, developing practical skills, and an opportunity to peer with our male counterpart. The most important is the financial gain. There are not many industries that offers a higher paying salary for women, the A/E/C industry provides such opportunity. Statistics show that within the A/E/C industry, women get paid more than other industries that are historically women dominated.

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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