News: Construction Design & Engineering

Acella Construction awarded 7,900 s/f South Coastal Animal Health facility

Acella Construction Corp. has been selected to build the South Coastal Animal Health facility. The 2 story, 7,900 s/f facility, which will be located on Main St., will include six new exam rooms, a new surgery suite, and an in-house X-ray suite, in addition to several doctors' offices and a lounge area. The site will require a complex sub-surface infiltration system. The project is scheduled to be completed in October. Once completed, the new building will eventually replace South Coastal Animal Health's current 2,200 s/f facility. "Acella Construction is very excited to have been selected to build this project. We feel we've assembled a great team and are excited to get started. This project will give us the opportunity to deliver the type of first class facility that the current customers of South Coastal Animal Health are accustomed to," said David Dirubbo, president of Acella Const. The project architect is Copich & Associates Architects. Headquartered in Norwell, Mass. Acella Construction Corp. is one of New England's leading construction services firms, specializing in construction management, general contracting, design-build, and pre-construction services for a wide-range of clients, focusing on the commercial, corporate, education, healthcare, retail, and restaurant markets.
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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