News: Spotlights

Erland completes phase four of dorm renovations at Westfield State Univ.

Erland Construction completed the fourth phase of dormitory improvements at Westfield State University for the Massachusetts State College Building Authority. Starting in 2007, Erland and architect Prellwitz Chilinski Associates (PCA, Inc) have performed a series of renovations to three dormitories at Westfield State University to revitalize housing on campus. For this fourth "summer slammer" project, Erland completed the bathroom renovations to Scanlon Hall that were begun last summer - including adding new toilets, sinks, and showers, as well as making all bathrooms ADA-compliant. In addition, Erland renovated Scanlon's common spaces on the lower level and first floor to include new Residential Life Services Offices, a Health Services Department, a game room, and a laundry room. Scanlon's exterior was also upgraded to create handicap accessibility at building entrances. The three previous summer slammers encompassed additional renovations and upgrades to Scanlon Hall, as well as work in Courtney Hall (a student residence) and Dickinson Commons (an extension of Dickinson Hall that serves as a student activities and lounge area).
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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