News: Northern New England

Harriman hires LaPierre, Smith, Ireland and Fortier

Jeff LaPierre, P.E., Patrick Smith, Denise Ireland, and Becky Fortier have joined Harriman, a full-service architecture and engineering firm with offices in Maine and New Hampshire. LaPierre joins Harriman as a senior mechanical engineer with over 16 years of experience. LaPierre received a Bachelor of Science Degree in Mechanical Engineering from the University of Maine, and is a licensed professional engineer in six states. He is also a LEED Accredited Professional and a Certified Healthcare Facility Design Professional (HFDP). Smith joins Harriman with 13 years of experience in civil drafting and design, and will be responsible for the AutoCAD production for the civil engineering department. Smith has an associates degree in Construction Management from Eastern Maine Community College. Ireland joins Harriman as the Human Resources and Benefits Administrator with over 15 years of experience. She received her Human Resources Certification through USM, and also attended Husson University for accounting. She also has a Wellness Certification through USM. Prior to joining Harriman, Ireland was employed by the Maine Center for Cancer Medicine & Blood Center in Scarborough. Fortier joins Harriman as an administrative assistant with 23 years of experience. She received an associates degree in Graphic Arts from Central Maine Community College.
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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