News: Rhode Island

Chaffee Ind'l. Roofing celebrates 100 years

Chaffee Industrial Roofing is celebrating 100 years in business, run by Steve Chaffee, the third generation of the Chaffee family.  The firm, established in 1908 by Thomas Chaffee, installs and services roofs on industrial and commercial buildings throughout New England. The company has evolved since its founding as T.K. Chaffee Co., when its signature product was Chaffee's Mill White paint, sold widely to textile mills in New England. The firm began selling roofing products in 1946 under Henry Chaffee, and customers included US Steel, Mack Truck, Hershey Chocolate, Johnson and Johnson, West Point Pepperell and many more, extending from Alabama to Maine. In 1982 Steve became the third generation Chaffee to take charge, expanding the company into a full service commercial and industrial roofing contractor with its own fleet of trucks and full time installation crews. Within five years, the company made the Inc. 500 list of "fastest-growing companies in America," and is a licensed, award-winning installer of all the major brands of roofing products including Carlisle SynTec. According to Steve , "We attribute our success and longevity to our readiness to change and adapt to the needs of the customers, while consistently delivering the highest quality products and services." Chaffee's repeat business rate among owners of commercial and industrial buildings is still well over 60%, exceptional when selling a product like roofing, which has a long life. Chaffee Industrial Roofing continues to lead the industry by providing top-quality products and superior service for a wide variety of roofing projects.
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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