News: Owners Developers & Managers

JLL Construction builds EMD Serono's 14,000 s/f Sagamore Building; achieves USGBC's LEED Platinum

EMD Serono's Sagamore Building, a transformational office space built by JLL Construction, has earned LEED Platinum Certification, the highest level of certification awarded by the USGBC. The 14,000 s/f building is located on EMD's Billerica campus. Led by the EMD Serono facilities group, the team involved in the LEED submission included: JLL Construction, architect Ellenzweig, MEP engineer BR+A, structural engineer LeMessurier Consultants, LEED consultant The Green Engineer, and commissioning agent DMI. The team was recognized at a ceremony last week, and was honored by Jim Newman, chair of the board of the Mass. USGBC Chapter, as well as EMD Serono president and managing director Paris Panayiotopoulos. The construction of the Sagamore Building included the complete renovation of a former lab building on site adding a mezzanine level, multiple stairways, and significant system and building upgrades. It offers a biopharmaceutical working environment where research and development project teams can collaborate, communicate and share knowledge in the pursuit of new therapies for patients with unmet medical needs around the world. The JLL Const. team was: managing director Peter Stankiewicz, project executive Larry Carpenter, superintendent Dan Browne and estimator Greg Steele. JLL Const. offers services as a construction manager, general contractor and design/builder. JLL Const. delivers construction solutions to an extensive roster of life sciences, higher education, government, corporate, industrial, technology, hospitality, and residential/retail clients.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
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