News: Owners Developers & Managers

Abbot Building Restoration completes renovations to 253 Shawmut Ave.

Abbot Building Restoration Company, Inc. recently completed a restoration to the facade of a historic brick and brownstone building at 253 Shawmut Ave. Located in the city's landmark South End district, the brick and brownstone building was constructed in the mid-1800s in the grand architectural style typical of that era. The building had undergone several restorations over the years, and a portion of the façade was removed. Abbot's small projects division was contracted to repair the deteriorated brownstone lintel over the front door, and to restore the pediment on the right side of the door opening. Significantly, Abbot acquired a photograph of the building from the South End Architectural Commission that allowed the company to match the original detail of the period. Abbot Building Restoration Company specializes in restoring and preserving the integrity of the building enclosure of aging structures in the greater Boston area. Abbot also provides remedial weatherproofing services to correct construction deficiencies in newer structures. Specific areas of expertise include: *Masonry construction and repairs; *Weatherproofing services; *Caulking; *Pointing; *Waterproofing; *Special coatings and sealants; and *Roof repair, replacement, or resurfacing.
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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