News: Retail

Cobb Hill Construction completes 5,800 s/f Friendly Kitchen

Cobb Hill Construction, Inc. has completed construction on the new Friendly Kitchen, an area soup kitchen on South Commercial St. The new building replaces the old Friendly Kitchen which was lost to a fire in April 2011 at the Hope House. The new 5,800 s/f building seats more than 120 people through a combination of indoor and outdoor seating, all of which is accessible for individuals with disabilities. Other features of the building include a commercial kitchen and a large food storage area that will allow volunteers to more easily prepare and store donated foods. The project also includes substantial onsite parking and well-lit landscaped grounds. "We're proud to have had the opportunity to help bring the Friendly Kitchen back in a way that will enable them to more easily and efficiently fulfill their mission," said Jerry Kingwill, president of Cobb Hill Const. "They are an important part of the Concord community, and with this new facility they can help even more people." Cobb Hill is dedicated to a standard of excellence in their industry in all aspects of craft, customer service, communications, and management.
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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