News: Owners Developers & Managers

Global Network Techs. finishes 200,000 s/f cabling for Converse

IBEW Boston contractor, Global Network Technologies (GNT) has wrapped up the fast-track, structured cabling installation project for Converse, Inc.'s new corporate world headquarters building located at revitalized Lovejoy Wharf on 160 North Washington St. The project at the Converse facility, a former Schrafft's warehouse is undergoing complete renovation of ten floors of office and retail space. Additionally, the contractor is providing installations in Converse's new, stand-alone, two-story, recording studio overlooking the Charles River. GNT commenced work on the project in mid-November 2014 and is on track to meet the aggressive project schedule, as Converse will take occupancy this month. GNT's scope includes installation of a full structured cabling system for ten floors and a new fiber optic data backbone distribution system feeding all IDF closets back to the onsite data center. The Global project team, comprised of 10 IBEW Local 103 technicians, is headed by project manager Kevin Flaherty and project foreman Rick Chaimberlan. The project team included: Shawmut Design and Construction; Jennifer Carpenter Architect; The Architectural Team; and RDK Engineers. The new Converse headquarters, in the North Station area and in close proximity to TD Garden and the Zakim Bridge, will house more than 400 Converse employees when it opens. The Converse headquarters building is a key component of Lovejoy Wharf's historic adaptive reuse project that will transform the gateway between Charlestown, Boston's North End and West End. Converse is a Fortune 500 footwear manufacturer and a wholly owned subsidiary of NIKE, Inc.
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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