News: Front Section

Jewett Automotive Design & Construction to renovate 31,800 s/f Herb Chambers Co. Ford dealership

Jewett Automotive Design & Construction, a division of Raymond, NH-based Jewett Construction Company, Inc., has contracted with the Herb Chambers Companies to renovate its Ford dealership. This multi-phase project entails 31,800 s/f of interior and exterior renovations, designed by Regent Associates, Inc. to comply with Ford Motor Co. image upgrade requirements. Exterior upgrades include new ACM panels on the facade and new entry tower, as well as the installation of mini piles to support new concrete foundations and a reroofing of the existing building. Interior renovations include new Autostone floor tile in the service bay area, as well as showroom upgrades to include new ceilings, new tile flooring, painting and millwork, as well as new mechanical and electrical systems. The existing bathrooms will be renovated and receive new finishes. The existing service write-up area will also receive new finishes and millwork. Completion is scheduled for the early fall. This is the second project Jewett Automotive has undertaken for the Herb Chambers Co., having renovated the firm's Jaguar and Land Rover dealership in Sudbury this past winter. 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 fifty such projects in the last few years. Other repeat clients include such well-known organizations as Commonwealth Motors, the Grappone Automotive Group, the Route 44 family of dealerships, RC Olsen Cadillac, Ford of Londonderry and Watertown Ford.
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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