News: Construction Design & Engineering

Gates joins Methuen Construction as CFO

Methuen Construction hired Joseph Gates as the company's chief financial officer. Gates has more than 30 years experience in the architecture, engineering, real estate development and construction industries. "We are thrilled to add Joseph Gates to our team," said president Joseph Barbone. "Methuen is about excellence and Joseph's addition demonstrates that excellence isn't just limited to the job site." Gates is the current president of the Mass. Chapter of the Construction Financial Management Association. He is a certified public accountant and a member of both the American Institute of Certified Public Accountants and the Mass. Society of Certified Public Accountants. "After more than 30 years in the construction and related industries, I am thrilled to be associated with one of the industry's unquestioned leaders," said Gates. In addition to being active in organizations related to his profession, Gates has also served on the boards of numerous non-profit entities.
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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