News: Green Buildings

Pascavage joins WorldTech Engineering as principal

Michael Pascavage, AIA, LEED AP has joined WorldTech Engineering. As principal, Pascavage adds architectural design and development solutions consulting to WorldTech's civil and traffic engineering platform. Pascavage brings with him 20 years of design, construction, and development experience as the former chairman of Cummings Properties and more recently launched the New England commercial development division of Skanska International. Company president Rich Benevento said "In today's world of increased competition, complexity, and specialties, WorldTech's integration of professional architectural and engineering services further enhances our ability to provide comprehensive, cost effective, and innovative projects of the highest quality for our clients. The addition of Mike to our team is consistent with our goal of always exceeding our client's needs and expectations." WorldTech's now full range of architectural and engineering services is an optimum blend of talent, experience, and professional values.
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Columns and Thought Leadership
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