News: Connecticut

Professional Profile: Alex Babbidge 2015

Name: Alex Babbidge Title: President Company: Babbidge Construction Company, Inc. Location: New Haven, CT Place of birth: Hartford Hospital Family: Married for 26 years with three great kids (20, 16, and 15) College: BA from Yale and MBA from UConn First job unrelated to your current field: Night shift at Burger King First job in current field: Construction laborer What your firm does now and its plans for the future? As we have for the past twenty years, we focus on demanding projects in the private institutional and commercial markets within Connecticut. Future plans include extending our current services to a broader client base. Hobbies: Reading, exercise, working on our house in Maine Favorite novel: "Moby Dick" (really). Favorite recent novel is "All the Light We Cannot See" by Anthony Doerr. Favorite film: "Deer Hunter" Keys to success: Perseverance Person(s) you most admire (outside of family): Teddy Roosevelt If you had to choose a different profession, what would it be? Asthma is the only thing that kept me from pursuing a career as a Marine Corps officer.
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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