News: Northern New England

Cobb Hill Construction completes pro bono work at South Church

Cobb Hill Construction has completed pro bono renovation work for South Congregational Church with time and materials donated by several local companies. Cobb Hill renovated a kitchen, a bathroom, and an office in the house at 6 South State St., which is adjacent to and owned by the church. All work was done at no cost to the church. Bathroom renovations were done by Dennis Hager, master plumber, and included the installation of handicap plumbing fixtures donated by Bow Plumbing and Heating and bath accessories by Lang Door & Hardware. All three rooms were painted by Peak Painting and vinyl composition tile flooring, donated by JDS Flooring, was installed in the enlarged kitchen and bath. The electrical system was also reworked by Irish Electric. Accountable Cleaning did the striping and sealing all of the VCT floors. The kitchen renovations included combining the existing kitchen and the room next to it, making the space larger. A new office and handicap accessible restroom were built next to the remodeled kitchen. Now that the project is complete, the church will move its counseling services from the basement of the church into the newly renovated space next door. The project manager was Claude Dupuis.
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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