News: Construction Design & Engineering

Hobbs Brook Management names Gilbane as construction manager for 500,000 s/f office/lab development

Waltham, MA Hobbs Brook Management LLC has selected Gilbane Building Company to provide preconstruction and construction management services for its new 500,000 s/f office and lab development at 225 Wyman St. in the Hobbs Brook Office Park. Construction will begin this month and be completed in 2021.

The new five-story building is being designed by Gensler to meet LEED Silver certification and be lab-capable to satisfy both laboratory/research and development and traditional office needs. The site’s landscape plan, designed by OJB Landscape Architecture, will include both paved and permeable walkways, seating areas, walking trails, along with landscaped courtyards. The project will also include a new parking garage within the Hobbs Brook Office Park to accommodate parking needs for the complex.

“We selected Gilbane for their extensive expertise in planning and building laboratory facilities,” said Brad Cardoso, AIA, principal architect at Hobbs Brook Management. “Gilbane has previously worked with Gensler on projects of this size and they are well-positioned for a successful project.”

JLL is the exclusive leasing agent for 225 Wyman St.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
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