News: Retail

DSH Design Group retained by KS Partners for 29,000 s/f build-out

DSH Design Group, architectural firm in Newton, Mass. was retained by KS Partners, LLC from New York to develop the design and construction documents for 29,000 s/f of new office space located at Forbes Business Center. The design will be developed based on the Executive Office of Health and Human Services of State of Massachusetts' program. The space will be occupied by three departments: Department of Children and Family, occupying 15,800 s/f, Massachusetts Rehabilitation Commission, occupying 3,500 s/f, and Department of Developmental Service occupying 4,600 s/f, and 4,000 s/f of open office areas with total of 134 cubicles and 5 conference rooms, record rooms, and storage spaces. This new location will be DCAMM's largest office in the area designed per DCAMM's latest guidelines and specification especially for data and communication system, cabling and equipment, and integration of the security and safety of staff and clients. Two new 40 ton energy-efficient air handling units with multiple zones will replace the current system providing multiple zoned cooling, heating and ventilation. The new lighting system also will be energy-efficient fluorescent lamps with energy saving electronic ballasts equipped with motion sensors. The occupation date is set for January 2014.The project schedule requires architectural design and construction documents to be completed within two months and the construction within four months to meet the targeted opening date. DSH Design Group performed the due-diligent investigation, existing condition documentation, and developed the interior design drawings within four weeks followed by preparation of final construction documents completed in one month. The completed documents were issued for permit and construction in the first week of September. DSH Design Group is proud to be selected by KS Partners for this project.
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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