News: Construction Design & Engineering

Erland Const. completes gut rehab for Covidien

Erland Construction, Inc. finished a complete gut and build out of a 2-story, 70,000 s/f building for Covidien in the Crosby Corporate Center. Teaming with project manager Holm & Associates and architect AHP Architects, Erland completed the project in just five months. This is the second time that Erland has managed a construction project for Covidien. The first - completed in 2008 - was a major renovation and expansion on their U.S. corporate headquarters campus in Mansfield. In Bedford, Erland has transformed the first floor of the building into office space for the sales, marketing, and human resources departments. The second floor now features manufacturing and R&D space with several different types of laboratories, cleanrooms, and a clean/dry room. This project has applied for a Silver LEED for Construction Interiors certification. Erland's project manager for this project, Gregg Conboy, said, "We're very proud of this project and happy to have worked for Covidien on another successful project. It's always rewarding to work with an owner multiple times and develop a relationship of mutual trust and respect."
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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