News: Spotlights

E.S. Boulos 1.8MW solar project for Western Mass Electric (WMECO) nears completion

E. S. Boulos Company's utility/industrial division is nearing completion of the 1.8MW Photovoltaic Power System for Western Mass Electric Co. The ground-mount system is comprised of 6,534 Suntech 280W solar modules. The project is among the largest PV systems in the Northeast to be ground-mounted ona concrete ballast system. The Pittsfield PV Power System will connect into three (3) Advanced Energy Solaron 500W Inverters. These inverters will then feed solar electricity into a new step-up transformer before it is output onto a medium voltage utility power line. ESB utility division manager Rick Hanlin, project manager Clint Chicoine and superintendent Alan Squilanti are supervising a workforce of 45 electricians based out of IBEW Local 7 in Springfield, Mass. The PV system has a targeted in-service date of December.
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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