News: Green Buildings

4th in Green Building square footage per capita!

According to the USGBC Massachusetts Chapter, the Commonwealth is one of the country's leaders in the creation of new LEED-certified buildings. In 2013, Mass. was the state with the 4th most certified green building space in the country per capita, just behind Illinois, Maryland and Virginia. We beat out other green building powerhouses like California and New York. Congratulations to the many green building professionals working on projects to get us to this position. You can read more at usgbc.org - "Top Ten States for LEED." Recent LEED certifications include Boston Properties' 17 Cambridge Center (Platinum); BU Medical Student Residence (Gold) - administered by AHA Consulting Engineers; and US Fish & Wildlife Regional Office in Hadley MA (Gold). Congratulations to the teams that put these together - we'll see you at the 2014 LEED Showcase in September. New corporate members of the USGBC include the New England Aquarium, La Freniere Construction, ZR Internet, and the Valle Group. Renewing members include EnerNOC, Partners Healthcare, Osram Sylvania and ADD, Inc. Thank you to all the new and continuing members of the USGBC in Massachusetts. We have a lot of work to do, and together we're making buildings better and healthier for everyone. Grey Lee, MSc, LEED AP, is the executive director of the USGBC Mass. Chapter, Boston and is a monthly contributing author for the New England Real Estate Journal's Green Building section.
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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.
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