News: Northern New England

AlliedCook construction manager for 67,000 s/f Phase II expansion at 100 Arboretum Drive at Pease International Tradeport

AlliedCook Construction Management Services is serving as construction manager on the Phase II Expansion at 100 Arboretum Dr. at Pease International Tradeport. The three-story, 67,000 s/f class A office building will offer spaces from 2,500 s/f and up. Designed by JSA Architects of Portsmouth, the design of the expansion complements the original building and offers data/telco services and energy-efficient infrastructure. The expansion will also add 300 new parking spaces. Phase I of 100 Arboretum Dr., constructed in 1999, is a 60,000 s/f class A office building on 20 acres and is home to the regional headquarters of Long Term Care Partners, a wholly owned subsidiary of John Hancock Life & Health Insurance Company and administrator of the Federal Long Term Care Insurance Program. Both JSA Architects and AlliedCook were involved in the design and construction of Phase I. 100 Arboretum Drive is owned and operated by Farley White Interests of Boston. Construction will be completed in January 2014.
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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