News: Construction Design & Engineering

O'Brien joins Diversified Project Management as assistant project manager

Callie O'Brien has joined Diversified Project Management (DPM) as assistant project manager. "We're thrilled to have Callie as part of our team," said Phil Leonard, DPM's vice president of operations. Callie's internship experience at Wentworth includes serving as facilities administrator at Pearson in Boston where she collaborated with the planning and construction project team to help manage the budget and schedule of its Boston division's facilities space consolidation project. She also assisted with the coordination of three large relocations involving 295 employees with Pearson's in-house move team. Prior to that, she interned with the facilities management team at Berkshire Medical Center in Pittsfield, Mass. where she translated architect's sketches for the respiratory care unit renovation project into VectorWorks drawings and examined all electrical closets and mechanical rooms to ensure they complied with state and federal inspection codes.
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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