News: Owners Developers & Managers

Columbia's SPD completes renovations at Olin College - worked as const. mngr.

Columbia Construction's special projects division (SPD) recently served as the design-build construction manager at Olin College for the renovation of their music facilities. Allegro Interior Architecture served as the project architect. Columbia SPD collaborated with Olin's facility management team from design inception through project completion, managing the architect, engineers, and subcontractors. The expansion included energy efficient pendant lights, a security key fob pass system, tel/data, and power distribution for recording systems. Columbia also retrofitted surrounding walls with acoustical treatment to ensure minimal noise penetration. A challenge to this project included the fact the space was near the Campus Center, which is the hub of student activity. Columbia SPD carefully phased all work and utilized various construction techniques to minimize disruption. "Columbia SPD did an exceptional job on our project and I commend them for providing Olin with excellent service," said Andy DeMelia, director of facilities. In addition, two of Columbia's staff members recently passed the exam to become LEED Accredited Professionals. Dave Stodden, LEED AP has worked at Columbia for 7 years. He is currently working on a 335,000 s/f new corporate campus for Hobbs Brook Management LLC, in Waltham, for which Columbia is serving as CM. The project team is pursuing a LEED Gold rating. Mike Davidson, LEED AP has worked at Columbia for 5 years. He is an integral team member for the new 90,000 s/f Martha's Vineyard Replacement Hospital, for which Columbia is serving as CM. Pursuing a LEED Silver rating, this project also includes a significant renewable energy program, which entails the installation of a 45-kilowatt solar panel roof system, as well as the purchase of wind turbine power.
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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