News: Spotlights

East Boston Neighborhood Health Center LEED for New Construction 2009, LEED Gold Certification

The East Boston Neighborhood Health Center (EBNHC) building is a four-story, 48,000 s/f, medical office located at 20-30 Maverick Sq. The project is a brownfield redevelopment since the site used to be the home of gas station and funeral home, and required substantial removal of contaminated soil and asbestos. The center is located within walking distance of several bus stops and a MBTA station; therefore, there is very limited parking on site and most employees and patients/visitors are encouraged to use the public transportation. In the earliest stages of the design, achieving LEED Gold certification was set as one of the main goals for the project team. Therefore all of the design parameters were consciously selected to reduce energy loads, costs and carbon emissions. Some energy conservation measures in this project are efficient glazing, enhanced envelope insulation, evaporative cooled rooftop HVAC units, efficient lighting design, occupancy sensor controlled lighting, white roof, low-flow water fixtures, and differential CO2 demand control ventilation. Using the DOE-2 based energy simulation software, it is estimated that this building is 31% better than the ASHRAE Standard 90.1-2007 regarding the energy use. The Energy Performance of the building is evaluated based on the total electricity and gas usage for the entire year of 2012 via the Energy Star portfolio manager. The current Site Energy Utilization Index is 91 kBTU/SF; and the National Median Site EUI for the same category (Medical Office) is 119 kBTU/SF, which means that the baseline is using 23.5% less energy than the median medical office building. EBNHC has been a part of East Boston for 40 years and has been the primary medical and dental provider for several generations of East Boston children. The building design and construction is a testament to EBNHC's dedication to the neighborhood specifically and sustainability in general. Project Team: Owner/Developer: East Boston Neighborhood Health Center Corp. Architect: isgenuity LLC MEP Engineer: AHA Consulting Engineers LEED Administration: Robert G. Andrews, Jr., PE, CEA, LEED AP BD+C
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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