News: Northern New England

North Branch Const. celebrating 50th year

North Branch Construction, Inc. is celebrating 50 years of service to the company's clients in 2008. The year long celebration coincides with the company's move to a new corporate headquarters building this spring. President Ken Holmes indicated the move was a result of the company's outgrowing its existing property in Henniker and a desire to be more central to its marketplace. North Branch purchased an existing building located at 76 Old Turnpike Rd. and construction is well underway for an addition and renovations to the building. The project is registered with the US Green Building Council (USGBC) LEED (Leadership in Energy & Environmental Design) Certification Program and is being built for sustainability. A recent North Branch project include the $18.9 million award winning Gold Level LEED Certified Tuck Mall Residence Hall for Dartmouth College in Hanover, NH.
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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