News: Owners Developers & Managers

J. Calnan & Associates began a 25,00 s/f redevelopment project for Care.com

J. Calnan & Associates, Inc., one of New England's leading construction management firms specializing in pre-construction services and challenging construction projects, is currently underway with a project for Care.com located at 1400 Main St. The project is a fast track, 25,000 square foot renovation for Care.com, the largest and fastest growing service used by families to find high-quality caregivers, providing a trusted place to easily connect, share caregiving experiences and get advice. Project highlights include a new lobby and reception area; welcoming lounge areas; conference rooms as well as new offices. The project team also included Boston Properties, landlord; Wilson Architects, architecture; and LVR Corporation, mechanical, electrical, plumbing and fire protection engineers. J. Calnan is also currently underway with a project for Charles River Development located at 7 New England Executive Park in Burlington. Charles River Development signed a 10-year lease extension in the office park and will complete some major renovations to their space. In the course of 30 weeks and over 7 phases, the project team will add new paint and carpet throughout their space; completely demolish and rehab the 3rd floor to include new state-of-the-art offices as well as open workstations; transform the 4th floor to include conference rooms and executive suites complete with a custom reception area; and update the 1st and 2nd floor offices. The project team also included Equity, building owner; Spagnolo, Gisness & Associates, Inc., architecture; Facility Management Consultants, owner's representation and AHA Engineering, mechanical, electrical, plumbing and fire protection engineers.
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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