News: Spotlights

Acella completes 6,700 s/f Berrybrook School

Acella Construction Corporation, one of New England's leading construction services firms, specializing in construction management, general contracting, design-build, and pre-construction services, has completed construction of the Berrybrook School at 267 Winter St. The 6,700 s/f building is located on the 60-acre agricultural site of an 18th century farmhouse and was designed to reflect the style of the site's original architecture. The project features a new wood frame building with asphalt shingles, hardy plank siding, and Azek trim boards. The building contains three handicapped-accessible classrooms and one large multipurpose room. Each classroom has been designed for a specific activity. There is staff kitchen and full kitchen with low counters for the children to interact. Interior finishes include acoustical ceilings, drywall soffits and a wall with multiple paint schemes. The floors are finished with carpet and marmoleum tiles. The building features a complex air conditioning system. Heating is achieved through heating coils and radiant heat run in the floor throughout the building. "This was an exciting challenge for our team and we're very pleased with the finished project," said Robert Johnson, president of Acella Construction. "We aspired to build a school that reflected Berrybrook's unique culture, as well as the historic nature of the campus." Acella worked in conjunction with architectural design team Strekalovsky Architecture, a Hingham-based architectural design firm.
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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