News: Construction Design & Engineering

Metro Walls begins hotel projects in N.H. and Mass.

Metro Walls has started the steel framing and sheeting work on one hotel in New Hampshire and one in Massachusetts. Metro Walls is on the jobsite of Homewood Suites Gateway Hills, an extended stay hotel at 15 Tara Blvd., Nashua. Metro Walls is responsible for the construction of the structure's exterior wall framing, interior framing and drywall creating one and two bedroom suites in the 4-story, 105 room hotel. Homewood Suites Gateway Hills is owned by John J. Flatley Co. and is expected to open summer 2015. "It's great when we get the opportunity to work for a quality, local company like Opechee Construction Corp., they have been great to work for," said Metro Walls president, Mike Dion. "We are also very pleased to be doing work for Callahan Construction, one of our top customers for the Marriott hotel in Waltham, Mass. We fully expect the work to be completed on time and on budget with both of these projects." The Courtyard Marriott is located at 387 Winter St. The renovation project includes the addition of 55 guest rooms.
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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