News: Connecticut

EMCOR Group awarded contract for renovations at St. Vincent's Medical Center

According to EMCOR Group, Inc., a Fortune 500 leader in mechanical and electrical construction, energy infrastructure and facilities services for a diverse range of businesses, its Tucker Mechanical subsidiary has been awarded a contract for the installation of mechanical systems for a renovation project at St. Vincent's Medical Center. Tucker Mechanical will install mechanical systems in a 64,500 s/f renovated area on the hospital's main floor. Scope of work in this section will include demolition of existing mechanical systems and installation of new piping, insulation, and sheet metal. Additionally, new plumbing will be installed, including fixtures, as well as sanitary waste and vent, domestic water, and medical gas piping systems. Tucker will also be responsible for installing the fire protection system for the hospital's main floor and part of its second floor. Scope of work will include the removal of the existing sprinkler system and reinstallation of new fire protection systems.
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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