News: Construction Design & Engineering

Pelletier joins Timberline Construction's general contracting division

Wayne Pelletier recently joined Timberline Construction's general contracting division, as senior project manager. Pelletier is a graduate of Wentworth Institute of Technology; he has also completed courses at Northeastern University and the Boston Architectural Center. He spent the past 28 years at Monitor Builders and DiGiorgio Associates based in Boston. As sister companies, Monitor and DiGiorgio have been leaders in design-build programs within the healthcare and assisted living fields, collectively completing many projects throughout the eastern U.S. During Pelletier's tenure he held positions as: project captain, project executive and vice president of architectural operations with DiGiorgio; and superintendent and senior project manager with monitor. Pelletier is highly professional and personable, while providing clients with the attention and service they deserve. He has earned a solid reputation as an expert in both design and construction, particularly in the healthcare sector, through his knowledge and dedication to delivering high-quality projects. He has completed projects for clients such as: LRGHealthcare, Southcoast Health Systems, Health Alliance, Atlanticare, CareMatrix, and The Flatley Company. In addition to his extensive healthcare experience, his portfolio also includes: academic, retail, corporate, hospitality, and residential projects. Wayne is a true asset to the Timberline team. Timberline Construction is a full-service northeast general contractor serving clients in ten sectors: healthcare, academic, retail, restaurants, supermarkets, hospitality, residential, corporate, data centers, and wireless construction.
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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