News: Front Section

McNamara/Salvia launches its new website: www.mcsal.com

McNamara/Salvia, a consulting structural engineering firm launched their new website. While boasting increased content and a new look at www.mcsal.com they offer the same classic services that have made them an industry favorite for over 20 years. McNamara/Salvia, brings award winning creativity, innovation, and experience in structural design for a wide variety of project types. Thier experience spans the nation reaching from all areas of N.E., to the high-seismic regions of Las Vegas and California, to the hurricane climate of South Florida. They specialize in all types of building structures including medical, educational and research facilities, urban and suburban corporate headquarters and campuses, high-rise towers, retail, commercial and mixed use developments, and multi-unit residential structures. In addition, we have unique experience in such specialized structures as automated parking facilities, stadiums, both new construction and renovation, long span roofs, entertainment venues, air-rights projects, and the only indoor ski slope in North America. At McNamara/Salvia they believe that constructing a building is a team effort, and they pride themselves on working with the team to deliver a quality project on time and on budget. Early involvement by our experienced staff will ensure the proper selection of structural systems and avoid costly design and constructability problems down the road. In-depth technical design knowledge combined with a common sense understanding of the local construction business is essential for a project's success. They recognize that if the project doesn't work financially, there is no building. McNamara/Salvia Inc.'s value engineering approach in working with local contractors insures an efficient and cost effective structural solution from the start of the design. Their expertise and innovative approach has proven to be very successful for owners, architects, developers and institutional clients alike. With more than 95% of our business from returning clients and referrals, our clients are the testament to our abilities.
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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