News: Northern New England

JSA's design for Northeast Rehab Hospital wins People's Choice Award

JSA Inc has been honored with the People's Choice Award for Excellence in Architecture from AIA New Hampshire for the architectural design at Northeast Rehabilitation Hospital at Pease. The People's Choice Award is based upon voting by the public and the professional design community that takes place during the display of all 2012 AIA Award entries shown prior to its annual meeting. Northeast Rehabilitation Hospital at Pease, specializing in serving patients with brain and spinal injuries, provides a reassuring environment with easy access to numerous therapeutic opportunities and exposure to activities of daily living indoors and out. An indoor gym includes a real car, mock transit bus, mini-movie theater, café, convenience store, and salon. Outdoors, patients experience various walking surfaces, a footbridge, raised planting beds, exercise equipment and a sports court. The first level features a lobby, dining space with an outdoor patio, additional physical therapy space, hydro therapy, imaging facilities, an ambulance entrance as well as supporting services. "This design gives us great therapeutic opportunity," said John Prochilo, CEO of Northeast Rehabilitation Hospital Network. "The architectural design firm, JSA Inc, first spent a significant amount of time at our Salem facility and interviewed dozens of therapists, nurses, and aides to get perspectives on combining best practices with the best design." The hospital admitted their first patients July of 2011.
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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