News: Northern New England

Dennis Mires receives AIA NH award for NH Institute of Art project

Dennis Mires, P.A., The Architects, received a Merit Award in the AIA New Hampshire Excellence in Architecture Awards program for the New Hampshire Institute of Art's addition and renovation of 88 Lowell St. Milestone Engineering & Construction, Inc. was the construction manager. This project saved Manchester's historic, first high school building by moving it forward on the site over a new basement, restoring it, and constructing a new connector and six story addition. The completed mixed-use project provides 11 classrooms and studios, 54 dormitory beds, faculty offices and support spaces. The solution employs many sustainable strategies including reusing the embodied energy of the historic building; providing a high performance envelope; using daylighting, shading and glazing to advantage; employing a geothermal heating and cooling energy source; using rainwater harvesting for toilet flushing; employing a photovoltaic array on the sunshades to provide a portion of the electrical needs; no VOC materials; and locally produced materials. This effort expects to result in a LEED (Leadership in Energy and Environmental Design) Gold certification for the property.
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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