News: Owners Developers & Managers

North Branch Construction finishes renovations for Liberty Utilities Corp. - Lauer Architects, PA provides design for the project

North Branch Construction, Inc. of Concord has completed the renovation of the Liberty Utilities (Granite State Electric) Corp. electrical division emergency call center building. Construction included the selective demolition of 6,500 s/f of existing office space that was renovated into a work area for the company's electrical division's emergency call center and customer service employees. The building now has newly renovated offices, a breakroom, locker room, conference room, lineman work area, lobby and several open office areas. Construction also included the complete replacement of the roof while the space below remained occupied. The installation of additional roof joist reinforcement will provide added structural support to counter an anticipated heavier snow load due to lower heat loss thanks to upgraded insulation. The building is now fully protected by a new fire alarm system and an impressive new 130kw emergency power generator. The exterior of the building was given new siding and a new weather barrier and the building now has an ADA ramp at its public entrance. The building remained occupied by the company's employees throughout construction. Lauer Architects, PA of Goffstown provided design for the project, which was completed in December.
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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