News: Owners Developers & Managers

Gilbane Building Company's Boston interiors division surpasses 1 million s/f in greater Boston area in 2014

According to Gilbane Building Company, a national construction management firm, the Boston interiors division completed over one million s/f in the greater Boston area in 2014. Gilbane's Boston interiors offers specialized value and enhanced flexibility addressing the needs of clients and unique interior projects, while utilizing the depth of Gilbane resources. With a team of over 50 members, this division approaches every project with an innovative and collaborative mindset that leads to positive results and long-term relationships. As a result, this division has benefitted from extensive growth in the last three years and continues to expand. "This achievement is directly attributed to exceptional client and industry partner relationships. Our clients are the most candid promoters of the Interiors Division and continue to recommend us. This is a true testament to our commitment, approach and creation of a collaborative relationship that exceeds their expectations, " said Matt Haverty, director of the Boston interiors division. Gilbane's Boston interiors team would like to recognize their clients and industry partners for their continued commitment to realize this achievement. Clients include AIG, Acadian Asset Management, Latham & Watkins, Google, CBRE, Equity Office Properties, Cresa Partners, Fidelity Investments, Homesite Home Insurance, State Street Bank, and The Boston Red Sox. Gilbane has been a leading Boston construction firm since 1946, serving commercial, institutional, and public clients in the Commonwealth on a range of projects, including the MBTA Green Line Extension currently underway. Gilbane is also managing construction projects for the University of Massachusetts, Massport and municipalities throughout the Commonwealth. Additional select clients include Worcester Polytechnic Institute, Tufts University, Verizon, Genzyme, Fidelity Investments, and Bank of America. Gilbane's Boston Interiors Division offers specialized value and enhanced flexibility addressing the needs of clients and unique interior projects, while utilizing the depth of Gilbane resources. The Boston district office was named one of the Best Places to Work in MA by the Boston Business Journal in 2007, 2008, 2009, and 2011 and was named to the Boston Globe's 100 Top Places to Work 2009 and 2010.
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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