News: Construction Design & Engineering

Mabbett awarded two Veteran Affairs contracts

Mabbett & Associates, Inc. has been awarded, as a Service-Disabled Veteran-Owned Small Business (SDVOSB) prime contractor, two separate major contracts with the U.S. Department of Veterans Affairs (VA). The combined value is $3.31 million. VISN 1 VA New England Healthcare System, Comprehensive Survey for Suspected Lead-Based Paint (LBP) and Asbestos Containing Materials (ACM), $2.4 million. Survey includes 11 Veterans Affairs Medical Center (VAMC) campuses, 60 Vet Centers and Community Based Outpatient Clinics (CBOCs) and hundreds of buildings representing 8 million s/f to assess/reassess ACM and LBP. The surveys include overall program execution and implementation of internal and external quality control procedures to achieve delivery of project requirements, intense field sampling performed by Asbestos Hazard Emergency Response Act (AHERA) certified and state licensed asbestos and lead paint inspection teams, as well as the preparation of hundreds of individual facility reports and ACM Operations and Maintenance (O&M) Plans. VISN 2 Healthcare Network Upstate New York, Comprehensive Survey for Suspected ACM, $910K. Survey includes six VAMC campuses, which includes over 150 buildings and 4 million s/f to assess/reassess ACM. The surveys include intense field sampling performed by AHERA certified and state licensed asbestos inspection teams, labelling of friable ACM, as well as the preparation of hundreds of individual facility reports and O&M Plans for each VAMC.
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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