News: Construction Design & Engineering

ASM members in the news

Congratulations to the following ASM members for their recent "news-making" accomplishments: * Michael Petrilli of E.H. Marchant Co. was recently elected to a two-year term as president of the Plumbing-Heating-Cooling Contractors of Greater Boston, a position that had been held by his father in the 1990s. * Paul Coffey of E.J. Wells Insurance (Westford) recently assumed the presidency of the Mass. Building Congress, and will serve through 2010. * Pat Alibrandi of Interstate Electrical Services Corp. (Billerica) was recently recognized as 2009 Entrepreneur from Mass. by American Solutions, a national citizens' action group led by former House Speaker Newt Gingrich that promotes small business job creation. * Mechanical contractor J.C. Cannistraro LLC (Watertown) was recently inducted into the Massachusetts Building Congress' Hall of Fame, together with Bond Brothers Inc. and Wentworth Institute of Technology, at a dinner gala on October 22. The honor is in recognition of the company's commitment to technology, collaborative building initiatives and dedication to the community. Company vice president David Cannistraro serves as president-elect of ASM.
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Columns and Thought Leadership
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