News: Construction Design & Engineering

Callahan provides services for Cavium Network's data center; design for 53,000 s/f by Margulies Perruzzi Architects

Callahan, Inc. is nearing completion of the relocation and expansion of Cavium Network. Callahan has provided preconstruction services for the 53,000 s/f project. Cavium will be moving from100 Nickerson Rd. within the business park into a larger space located at 600 Nickerson Rd. "The new location will allow Cavium to expand further in the future," said Stephen Callahan Jr., project executive at Callahan. Cavium's data center will be supported by a 250 kilowatt (kw) generator with an 80 kw UPS (un-interruptible power supply) system. Sensitive humidity requirements for the (electronics) lab have been incorporated into the HVAC & architectural design. "We have worked closely with the brokers representing the tenant and the landlord throughout the site selection process and lease negotiation," Callahan said. The company has been contracted for construction management as well as MEP/FP (mechanical, electrical, plumbing, & fire protection) design/build services. Margulies Perruzzi Architects is the architect for the project. The project is expected to be completed next month.
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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