News: Owners Developers & Managers

Harriman's retirement home conversion to residence hall at Bowdoin College awarded LEED Gold

New England-based A/E firm Harriman's recently completed renovation of a former retirement home into a modern residence hall for 35 Bowdoin College students was awarded a LEED Gold by the U.S. Green Building Council. This is the fourth LEED Gold project in Maine that Harriman has designed. The renovation project features several sustainable initiatives, including: * photovoltaic solar panels to offset electricity requirements; * pine benches and wainscoting constructed with repurposed material that originally served as spectator seating in the former Dayton Ice Arena; * use of regionally manufactured materials with high recycled content for interior finishes; * energy efficient lighting and low-flow water fixtures; * conversion to natural gas from oil for heating, and * native and water-efficient landscaping. Along with student enhancements, such as common spaces to encourage social interaction, upgraded shared spaces, and quiet rooms, the extensive renovation addressed ADA and life safety requirements and updated and sustainable HVAC systems, and power, lighting, and communications infrastructure. The Bowdon College Organic Garden was relocated to behind the residence hall, taking advantage of an existing barn for garden operations. This location provides increased campus community involvement with the garden and the opportunity to observe food production through the seasons. Harriman, founded in 1870, has designed important community-focused buildings throughout New England. The firm's architects and engineers work with educational, healthcare, governmental, corporate, and retail clients to transform their visions into reality.
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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