News: Rhode Island

A/Z Corp. celebrates opening of 28,000 s/f Westerly police headquarters

Recently the town and A/Z Corp. celebrated the grand opening of a new 28,000 s/f police headquarters at 60 Airport Rd. The building provides members of the police department with a modern facility necessary to continue their tradition and dedication to providing a safe community for all the town's residents. A/Z Corp. served as construction manager for the $13 million headquarters. A/Z services included design management, pre-construction, procurement, scheduling and construction administration services. Donald Swanson served as project director, Eric Herrman was the project manager and the job superintendent was Kim Vertefeuille. Design was provided by JCJ Architecture and Bemis Assoc. was the engineer. In the summer of 2006, construction began on the new police headquarters. It houses all police operations including patrol, dispatch, investigations, prisoner holding and administration. In addition, the facility will serve as a regional emergency operations center in the event of a disaster. Amenities include staff break areas, a fitness center and locker room.
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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