News: Green Buildings

Bulfinch Cos.' Forrester building earns LEED Gold Certification

The Bulfinch Companies, Inc. said that the Forrester building in Cambridge Discovery Park, an 820,000 s/f master planned lab and office campus, has been awarded LEED Gold certification by the U.S. Green Building Council (USGBC). Completed in 2011, the first class 200,000 s/f building owned and managed by an affiliate of Bulfinch is home to Forrester Research, Inc.'s world headquarters. This premier building achieved LEED Gold certification for its core and shell, which covers base building elements such as structure, envelope and the HVAC system. Some of the building's sustainable features include: · Highly efficient heating and cooling systems · Superior indoor air quality systems · Low-VOC adhesives, sealants, paints and coatings · More than 96% of construction waste was recycled · Water efficient landscaping "We are pleased to have earned this prestigious distinction for Forrester Research at Cambridge Discovery Park," said Eric Schlager, CEO of Bulfinch, a private real estate investment, development, and management firm. "This milestone reflects our passion and commitment to developing innovative energy conservation solutions and sustainable initiatives throughout our portfolio." A member of the USGBC, Bulfinch strives to be a leader in sustainable development for all of its properties with a LEED Gold certification for Trapelo Corporate Center in Waltham, as well as recent ENERGY STAR certifications on four of its properties from the U.S. Environmental Protection Agency. In 2011, Cambridge Discovery Park was also awarded the GoGreen Award from the City of Cambridge for outstanding storm water design and efficiency. The GoGreen Awards recognize the environmental sustainability initiatives of businesses and organizations in Cambridge. Located on Rte.2, Cambridge Discovery Park offers state-of-the-art facilities in a natural campus environment. Adjacent to the MBTA Alewife Station with access to both downtown Boston and Rte. 128, the Park is situated in a location surrounded by numerous existing and future amenities, including multiple cafes, a health club, yoga studio, day care, biking/running paths, Zip Car access, the Hubway Bike Program, and banking services. The park also is a five-minute walk to Whole Foods, Trader Joes, Starbucks, as well as other retail and hotel amenities.
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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