News: Construction Design & Engineering

JB Sullivan Construction, Inc. completes shell of 108,000 s/f Indian Brook Medical Office Building

Continuing their twelve year relationship, Summit Land Development, hired JB Sullivan Construction Corp. of Bedford, N.H. for the design build construction of the shell of the new 108,000 s/f Indian Brook Medical Office Building at 10 Members Way. The structure, which was developed for Wentworth-Douglass Hospital, was constructed in a nine month time frame. The five-story, brick veneer, EIFS clad structure with suspended canopied front entrance was designed by Berard-Martel Architects of Bedford. T.F. Moran of Bedford, was responsible for structural engineering. The completely handicap accessible building features four floors of office space, each with 21,580 s/f of space, an underground parking garage, two four-stop elevators, and parking for 490 vehicles. Led by project manager Kevin Morse and site supervisor Kevin Weyant, the Sullivan team, under very adverse winter and spring weather conditions, was responsible for the following scope of work for this year long project: *Preliminary site demolition/clean up, * building construction, * utility and HVAC installation, * site work that included construction of retaining walls, * parking lots, * sidewalks, and * landscaping. The entire building will be leased by Wentworth-Douglass Hospital. With the completion of the shell, the Sullivan team has won the Wentworth-Douglass contract to be responsible for the building's tenant improvements that will include interior architectural millwork, residential cabinetry, flooring, painting and wall coverings, window treatments, and fire protection specialties. Some of the future occupants of the facility include Strafford Medical Associates, Wentworth Internal Medicine, Dover Family Practice and Atlantic/ACMED. Office and laboratory areas are also planned for rheumatory, endocrine/diabetes, urology, general surgery, radiology, phlebotomy, and nuclear medicine entities. The John B. Sullivan, Jr. Corp of NH, a 38-year old design/build and construction management company, is active throughout the northeast in healthcare, medical, corporate, hospitality and retail construction and renovation.
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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