News: Green Buildings

ADD Inc's 311 Summer St. offices earns LEED Platinum Commercial Interior

Nationally recognized architecture and design firm ADD Inc said that its headquarters at 311 Summer St. has received Leadership in Energy and Environmental Design (LEED) Platinum Commercial Interior Certification by the U.S. Green Building Council (USGBC). ADD Inc's offices are the first architecture and design studio space in Massachusetts to receive Platinum certification. Located in the Fort Point Channel District, ADD Inc's renovation and rehabilitation of 311 Summer St. was informed by the desire to preserve the identity of this building while incorporating sustainable design practices. The original structure, centered among commercial warehouses dating back to the early 1900s, was restored to full occupancy to create 66,000 s/f of office and retail space. In addition to selective material re-use and use of locally-produced and low or no VOC materials, ADD Inc incorporated a variety of design systems to minimize environmental impact, including energy and C02 reductions through the creation of multiple zones to utilize daylight and heat gain; water conservation through dual-flush toilets and high efficiency faucets; construction waste recycling; operable windows for ventilation; green operations and a range of daylighting strategies. * "Our commitment to sustainable design is an extension of our core beliefs and the way we live and work," said Frederick Kramer, president of ADD Inc. "We are delighted to have had the opportunity to be part of the revitalization of the Fort Point Channel historic landmark district and to produce a green workplace in the process." 311 Summer St. joins ADD Inc's roster of recently completed LEED certified projects. 40 Sylvan Rd., designed for Davis Marcus Partners, was recently certified as the first LEED Core and Shell Platinum project in Mass. Other recently certified projects include 1560 Trapelo Rd. (LEED Core and Shell Gold) and 100 Hancock St. (LEED Core and Shell Silver).
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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