News: Construction Design & Engineering

Chamberlain and Hamill join Lee Kennedy Co.

Tim Chamberlain and Mike Hamill have joined Lee Kennedy Co., Inc. Chamberlain will direct sales initiatives in the commercial and healthcare/ life sciences sectors. Chamberlain has over ten years of experience in New England real estate. Having worked on the brokerage, development and construction sides of the business provides him a unique ability to make a significant and immediate contribution to the LKCo team. Previously, he served as the director of development for New Boston Fund, where he was instrumental in the development of the high-profile Quonset project in Rhode Island. Hamill has joined Lee Kennedy to manage the company's portfolio of healthcare and life sciences construction. Hamill comes to Lee Kennedy Co. from Columbia Construction, where he served as a project manager, completing projects for some of the area's premiere healthcare and life sciences institutions such as Bayer, Siemens, Millipore Corp., Cape Cod Hospital and Falmouth Hospital, among others. Hamill also served as a superintendent and project manager at Whiting-Turner, gaining valuable field experience on a number of commercial and academic projects in addition to his healthcare work.
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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