News: Northern New England

ARC and RFS Engineering complete 118,000 s/f Laconia middle school

ARC/Architectural Resources Cambridge, Rist-Frost-Shumway/RFS Engineering, and Harvey Construction Corp. have completed a new 118,000 s/f building for Laconia Memorial Middle School. The three-story building, which includes classrooms, administrative spaces, a library/media center, cafeteria and kitchen as well as a gymnasium and multi-purpose room was occupied this month by students and the faculty. The new building serves grades six through eight and will accommodate up to 750 students. The new building replaced an existing 1961 facility on the same site. "We just completed the final phase of the project. Phasing of demolition and new construction was required in order for the school to remain occupied during the construction process," said Henry Reeder, FAIA, Principal-in-Charge of the project at ARC. "The project was designed to be a sustainable or 'green' building in accordance with the New England Collaborative for High Performance Schools (NE-CHPS)." Harvey Const. served as general contractor for the project. RFS served as the MEP, structural and civil engineer.
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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