News: Connecticut

King joins Parsons Brinckerhoff as consultant

Alexander King has been named a consultant in the strategic consulting group of Parsons Brinckerhoff, a global infrastructure strategic consulting, planning, engineering and program/construction management organization. In his new position, King will be responsible for developing freight and goods movement studies, rail plans, corridor plans, intermodal feasibility studies, grant applications, and passenger rail service development plans. Prior to joining Parsons Brinckerhoff, King worked as a senior freight planner and analyst at a transportation consulting firm. His areas of expertise include transportation operations, costing, market analysis, supply chain management, financial analysis, and benefit-cost analysis. He has participated in state rail plans, state and regional freight and goods movement studies, intermodal terminal and inland port feasibility studies, as well as a variety of other projects. King holds an M.B.A. degree from the University of Maryland and a B.A. from Brown University. Parsons Brinckerhoff is a leader in developing and operating infrastructure around the world, with 14,000 employees dedicated to meeting the needs of clients and communities in the Americas, Europe, Africa, the Middle East, Asia and Australia-Pacific regions.
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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