News: Rhode Island

Mabbett opens office in Pawtucket

Mabbett & Associates, Inc. (M&A), Environmental Consultants and Engineers of Bedford, Mass., opened an office in Pawtucket. Arthur Mabbett, president of M&A said, "The firm is most pleased to open a southern New England regional office in the city of Pawtucket the recently restored and historic Hope Artiste Mill Complex. The firm has primarily served manufacturing industry in Rhode Island for many years but now is even more committed to grow locally in Rhode Island, the Mass.south coast and western Connecticut areas from a Pawtucket base. The Providence-Pawtucket area affords increased opportunity for the firm to attract competent and experienced scientists, consultants and engineers and to thus, grow the firm's business in both the local-municipal, state, Federal and private sectors. M&A is committed to growth and we are confident of the new office's success."
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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.
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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