News: Construction Design & Engineering

Maguire joins Skanska USA Building as vice president as project executive

Skanska USA Building has hired Jim Maguire as vice president and project executive. Maguire brings 29 years of experience to Skanska. He will oversee projects related to Skanska's work in the life science and utilities markets, such as research labs and cogeneration facilities throughout the New England region. "Jim brings a sophisticated background in highly complex projects across many industries to Skanska," said Paul Hewins, executive vice president and general manager for Skanska's New England region. "Respected industry-wide as a knowledgeable resource for program development in laboratory, clean room, specialty process, cGMP facilities, central utility and cogeneration facilities, Jim will play an integral part in our growth in New England's life sciences market." Prior to Skanska, Maguire served as executive director at A/Z Corporation, where he managed high grade projects in the pharmaceutical and technology industries. Previously, Maguire worked for Fluor and ADP Marshall supporting major project initiatives throughout the Northeast for several Fortune 1000 clients. Maguire graduated from Wentworth Institute of Technology with a bachelor's degree in architectural engineering.
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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