News: Construction Design & Engineering

Bates joins Erland

Scott Bates has joined Erland Construction as director of project development. He brings more than 20 years of experience as a seasoned construction executive with a strong background in marketing, business development, and project management. In this position, Bates will be responsible for Erland's strategic planning, marketing strategy and business development efforts throughout New England and work to increase the company's penetration into various new market sectors. Prior to joining Erland, Bates held leadership roles at Tishman Construction Corp. of New England, where he was instrumental in securing over $3 billion worth of projects since 1997 and helped build their presence in the New England market. Bates received a Bachelor of Arts degree in Economics from Colby College and a Masters of Business Administration from Babson College with a concentration in marketing and operations management. He is also an adjunct professor at Wentworth Institute of Technology.
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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