News: Front Section

Acella Construction Corp. names Bulens as project superintendent

According to Acella Construction Corp., Joe Bulens has joined the firm as a project superintendent. In this role, Bulens supervises site crews, schedules inspections, manages weekly schedules and deadlines, and coordinates all trades to complete projects efficiently. Bulens joins Acella Construction with 23 years of experience in commercial construction. "We're pleased to announce Joe to our fine team of professionals," said Dave Dirubbo, president of Acella Const. "His impressive industry experience, outstanding skill set and general commitment to excellence is certain to be of great value to the continuing success of Acella Construction." Founded in 2003, Acella Construction 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. 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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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