News: Northern New England

Cobb Hill Const. nears completion of dentist offices in Nashua and Concord

According to Cobb Hill Construction, Inc. work is well underway on the creation of two new dental facilities. Offices for Dr. Anthony Storace in Nashua and Dr. Conrad Lee in Concord are scheduled to be completed this month. The new office of Dr. Storace has taken shape through the conversion of an empty retail space into a large dental facility. Cobb Hill was chosen to develop the 10,000 s/f space, located on two floors, into 12 dental rooms, a reception area, and a waiting room. The new office will also include an elevator, a new stairway, a new AC and heating system, a water feature, and a fireplace. Custom finishes include maple trim and crown moldings, faux paint, and fabric wall coverings. The project will also include the creation of additional office space on the 2nd floor, which will be available for lease. The 20 week schedule is being maintained by project manager Tim Drew along with project supervisor Jim Hayes. Construction began mid October on a new dental facility for Dr. Lee. The 2,400 s/f former office space is being refitted as an upscale dental facility built to house 4 dental rooms with preparations for expansion. Features such as custom cabinetry, a kids' play area, a coffee bar, and a water feature will also be included. The project is scheduled to complete in 12 weeks and is being overseen by project manager Tim Drew and project supervisor Adrian Pouliot.
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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