News: Rhode Island

Durkee, Brown, Viveiros & Werenfels Architects complete 53,000 s/f headquarters for United Natual Foods

The nation's leading wholesaler of natural and organic foods, United Natural Foods Inc. chose to relocate their corporate headquarters to the Struever Bros., Eccles & Rouse's American Locomotive Works site. The 53,000 s/f headquarters was designed by Durkee, Brown, Viveiros & Werenfels Architects. The new facility was constructed within two existing historic industrial buildings with an internal connection to accommodate 157 employees with expansion opportunity for an additional 90 people. The program includes executive private offices and open workstation environments; executive boardrooms and employee training rooms; marketing and design studios and extensive IT areas. To reflect the leading role within their industry the project will be a minimum LEED Silver certified project that will include a photo-voltaic array of solar panel on the roof. Other sustainable features include extensive use of daylighting, energy efficient lighting and mechanical systems and low flow water fixtures throughout. All materials were selected based on the criteria that they must have low percentages of VOC and high recycled content. Struever Bros., Eccles & Rouse is the developer/contractor. The structural engineer is Odeh Engineers; the M/E/P/FP engineer is AHA Consulting Engineers and the custom exhibitor was Blue Hive.
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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