News: Front Section

Chong Partners Architecture joins North American firm Stantec

Stantec has completed the acquisition of Chong Partners Architecture, Inc. (CPA) one of San Francisco's largest and most recognized architecture firms. Specializing in architecture, interior design, and planning CPA has approximately 175 employees and additional offices in Sacramento and San Diego. "The addition of Chong Partners is a significant step towards building a national architecture presence in the United States similar to what we have been able to achieve in Canada," said Tony Franceschini, Stantec president & CEO. "We are also excited about Chong Partners strong experience in the design of hospitals and related medical research and treatment facilities which will make the combined practice a North American leader in the healthcare design sector." With more than 30 years of experience, CPA is one of California's most prominent health care design firms. The company also provides services to the public, corporate, and academic sectors. The firm has worked on projects such as the Coca Cola Pavilion at the 2008 Olympic Games in Beijing and the Template Hospitals Project for Kaiser Permanente.
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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