News: Northern New England

Consigli Construction's Portland office named Best Place to Work in Maine

Consigli Construction Co., Inc.'s Portland office was named #1 in the "Best Place to Work in Maine" large firm category at an awards banquet held last night at the Ramada Conference Center in Lewiston. Consigli was among 40 other Maine companies honored at the event. "It is great to be recognized along with all of the other superb companies here tonight, some of which are our most trusted clients," said Matt Tonello, Consigli area manager for Maine. "The engagement and perseverance of our Maine employees and our shared goals and commitment to build the best project possible at the highest quality and in the safest manner we know how is what makes Consigli the best place to work." In its sixth year, "Best Places to Work in Maine" is a celebration of companies that create environments where people love to work. This statewide survey and awards program was designed to identify, recognize and honor the best places of employment in Maine, benefiting the state's economy, its workforce and businesses. The comprehensive survey asks employees for anonymous feedback and evaluation of their company leadership, benefits, advancement opportunities and community engagement. This is the fifth year Consigli has participated in the survey.
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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