News: Spotlights

Northeast Veteran Training and Rehab Center

The Northeast Veteran Training and Rehab Center (NVTRC) project was started in January of 2007 and was completed in December of 2009. Located on 10 acres on the Wachusett Community College campus there are 10 duplexes, each with handicap access and amenities. The facility has 20 housing units for up to 20 veterans and their families or 60 single veterans at one time. This concept allows disabled veterans to practice their living skills and provides privacy and on-going support during the rehabilitation process. NVTRC offers extensive state-of-the-art physical and occupational therapy facilities, including a golf simulator, an indoor swimming pool, a jogging track, a weight/exercise room, a gymnasium, a trout pond and a variety of other amenities designed with an emphasis on the life and recreational skills that are so often taken for granted. All of these services free to the veterans. Energy conservation and sustainability were major factors in the design, which included high performance building envelope design and high efficiency mechanical equipment. The heating and cooling systems for all of the buildings are geothermal. In addition, the project utilizes photovoltaic panels to supplement electric power consumption. Approximately 70% of the facilities power needs are provided by these panels. This is a battery-less system, putting all unused power back into the grid for credit from Massachusetts Electric Co. This project earned LEED-NC v2.2 Gold Certification. The Green Engineer, Inc.: sustainable design consultant Baybutt Construction Corp.: contractor Peoples Engineering, LLC: civil engineer Lindgren & Sharples, P.C.: mechanical engineer Kuhn Riddle Architects: architect Vetrean Homestead, Inc.: client
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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