News: Front Section

Jewett Automotive contracts with Commonwealth Motors for the renovation of Volkswagen dealership

Jewett Automotive Design & Construction, a division of Raymond, NH-based Jewett Construction Company, Inc., has contracted with Commonwealth Motors for the renovation of its Volkswagen dealership. The project involves upgrading the existing metal roof with a Butler Buildings High Profile Metal over Metal Reroof System, as well as construction of a new 750 s/f service drive—enclosing the canopy at the entrance to the service garage and adding a foundation, slab, walls, a tiled floor area, a new overhead door, roofing and windows, and new lighting and heating. Designed by the team of O'Sullivan Architects and Summit Engineering, the work will be carried out while the dealership is fully operational and is expected to be completed by early summer. This marks the 6th project Jewett Automotive has undertaken for Commonwealth. In 2011, Jewett completed two new dealerships for the company-a 28,400 s/f Chevrolet dealership and a three-phase renovation/addition to the former Chevy facility into the new Commonwealth Nissan. In 2014, Jewett provided interior upgrades to the client's Nissan and Honda dealerships, and completed a new 2,500 s/f addition to the Chevy's service shop. Jewett Automotive Design & Construction specializes in design/build auto dealership facilities, auto dealership additions, auto dealership renovations and auto dealership fit-ups all across New England—completing more than sixty such projects in the last few years.
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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