News: Front Section

DiPrete Engineering welcomes Babcock as its new Survey Department manager

DiPrete Engineering recently welcomed Robert Babcock as its new Survey Department manager. Babcock, a registered land surveyor in both R.I. and Mass., has 28 years of land surveying experience throughout New England and brings a variety of skills to DiPrete's team. "Robert's broad range of technical, engineering design, field, and presentation skills is a huge asset to our company," said Hemant Ajbani, COO at DiPrete Engineering. "His depth of knowledge and management experience will be an outstanding resource for our team and clients." Babcock is eager to enhance DiPrete Engineering's processes and technology offerings. "My overall goal is to provide every client with a quality survey that meets the scope and budget of each project," said Babcock. "Going forward, we will look to combine more advanced technologies such as 3D laser-scanning and drone surveying tools with DiPrete's solid surveying process to produce comprehensive surveys for our clients." Before joining DiPrete, Babcock worked as a field surveyor for Land Use Specialists, John Risser Associates, and Mark Hutchins Associates. He also served as survey manager for 16 years with Dunn McKenzie, Inc., located in Norfolk, Mass. His interests include U.S. and world history and he enjoys golfing, skiing and gardening on his free time. DiPrete Engineering hired Babcock in place of Peter Wagenaar, the firm's preceding survey department manager, who is returning to his family in Minnesota. DiPrete Engineering is a leading civil engineering, planning and surveying firm in New England. The firm has offices in Providence, Newport, RI, and Boston.
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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