News: Front Section

Acella Construction Corp. completes work for Zoo New England

Acella Construction Corp., a construction management firm serving the region for more than a decade, recently completed several projects for Zoo New England's Stone Zoo in Stoneham and Franklin Park Zoo in Boston. Acella was contracted by Zoo New England to add and renovate multiple exhibits. Work at Stone Zoo in Stoneham included updating the Mammal House and Duck Pond to better meet new standards. A 20' glass barrier was installed, allowing the animals to stay on exhibit well into the fall season and earlier in the spring. Additionally, 14 exhibits were updated with new lighting, plumbing, roofing and HVAC distribution systems. At the Franklin Park Zoo in Boston, project work included renovation of the existing Bird World and Lion Enclosure. The scope of work involved raising the containment area and adding more mesh around the enclosures to meet the guidelines defined by the American Zoological Association. Site work on the project was led by Acella senior project manager Saul Schrader. The work was slightly more challenging due to the difficulty in setting up staging equipment for the two-story exhibits. "We were happy to partner with Zoo New England on these projects, as they provide such rich cultural experiences for so many in our community," said Dave Dirubbo, president of Acella. "Despite the challenging circumstances presented by the terrain, we enjoyed the opportunities provided by this new work environment." Founded in 2003, Acella is a construction management firm specializing in full service turn-key construction, design-build and pre-construction services for the commercial, institutional and educational sectors. A partial client list includes Boston University, Bentley University, Boston College, MIT, Campus of Caring in Norwell, Regus Business Centers in Quincy, Provincetown Art Association and Museum, Not Your Average Joe's, and Friendship Home. Acella Construction maintains offices at 62 Accord Park Dr., Norwell, Mass. The firm's mission is "building relationships, one project at a time."
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McEvoy of The Conrad Group brokers $2.9 million sale of industrial building

Hingham, MA The Conrad Group  has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
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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.
It’s time to get creative with closed college campuses - by Christian Koulichkov

It’s time to get creative with closed college campuses - by Christian Koulichkov

Facing higher costs, shrinking enrollments, reduced state funding and severe demographic headwinds, many colleges and universities in New England and the Northeast are fighting for survival. The latest to lose the battle is the 150 + year old University of the Arts in
5 Questions to ask when  choosing a real estate broker - by Elizabeth Perez Barlett

5 Questions to ask when choosing a real estate broker - by Elizabeth Perez Barlett

>They say, “April showers bring May flowers,” but this season may bring more movement in the housing market as springtime is one of the most popular times for home buying and selling. Although spring is one of the strongest seasons for the residential market, it may not be all rosebuds and butterflies if you don’t have the right advisors.
Newmark negotiates sale of  10 Liberty Sq. and 12 Post Office Sq.

Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,