News: Spotlights

ARC designs addition and interior renovation for Boston College

According to ARC/Architectural Resources Cambridge, construction has started on the addition and interior renovations of 64,000 s/f of administrative and support space at Boston College. "We're very pleased to be working with Boston College as they implement their new Institutional Master Plan," said ARC president Philip Laird, AIA, LEED AP, who is heading the ARC design team for the project. ARC has worked with BC on a number of projects since 1992 including the 72,000 s/f Yawkey Athletic Center, the 44,500-seat Division 1A Alumni Stadium and the Commonwealth Ave. garage, all on the Chestnut Hill campus. Formerly a part of the Archdiocese of Boston, and known as the Chancery Building, the renovated building will house administrative offices and support spaces for BC's University Advancement Department. This project will bring the department, currently in three different locations, together into one centralized setting. In addition to an open and interactive environment, the new facility is designed to bring natural light into each floor plate to enhance the working environment for all employees. An infill addition to replace part of the existing building will provide additional space and a multi-story atrium which will enhance flexibility for meetings and events and will further encourage interaction between the employees.
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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