News: Front Section

Jewett Automotive Design & Construction completes Belknap Subaru

Jewett Automotive Design & Construction recently completed construction of a new, auto dealership for Belknap Subaru's relocation to 35 Tilton Rd. The project, completed on time and under budget, included extensive interior and exterior renovations to the former on-site home of HK Powersports, as well as the addition of a 1,600 s/f steel-framed infill linking the existing structures and serving as vehicle service entry and tech lounge. Work included selective site and interior demolition, foundation systems and concrete work, carpentry and architectural millwork, insulation systems, metal siding, new EDPM membrane roofing, glass and aluminum storefront and windows, acoustical ceiling systems, all finishes, design/build-from-outline performance specifications HVAC, plumbing and electrical systems, bituminous pavement, line striping and site lighting. The new dealership offers customers a larger inventory of new, used, and certified vehicles, a more spacious showroom and a furnished customer waiting area as well as a service drop-off area that protects customers from the weather. Jewett Automotive Design and Construction has built and/or renovated more than 40 dealerships over the past several years. It is a division of Jewett Construction Company, Inc. —a design-build/construction management firm specializing in commercial and industrial projects throughout the Northeast. Other recent automotive clients include such well-known organizations as Foss Motors, Team Nissan, and repeat customers -the Grappone Automotive Group and Tulley BMW.
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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