News: Spotlights

Project Team includes: United steel, Four Seasons Landscaping, ESI, Brookside, Marquis and Gargiulo Dacon Corp. serves as designer/builder for site and shell of 60,000 s/f Emhart Glass manufacturing facility

Emhart Glass is a combination office and heavy industrial facility with a two-story office area totaling 16,000 s/f attached to a bottling equipment research and development facility.   Emhart Glass manufactures glass bottle forming machines, and has constructed this pilot plant for ongoing manufacturing research. The total project building area is 60,000 s/f. Dacon Corp. was the designer/builder for the project.  This unique manufacturing facility, located at 123 Great Pond Dr., is constructed integrally with a massive firing oven, capable of reaching 3200 degrees Fahrenheit. The oven is used to prepare glass ingots, which are then directed to forming machines and cooling apparatus. It is located at the "hot end" of the building, which consists of about 30,000 s/f and is a three-story high space with a 55-foot deck height intersected with various process mezzanines. Exterior walls and roofing systems contain intake and exhaust louvers for gravity ventilation, and are specially designed for expansion and heat exhaust. The "cold end" is more typical space and is about 24-feet high to the roof deck to accommodate bottle cooling equipment. The cold end also contains quality control laboratories. Dacon Corp. is a design-build firm located in Natick, Mass. Other Conn. projects include Homegoods Distribution Center (TJX Co.) in Bloomfield; Iron Mountain Record Storage Complex in Windsor; Zygo Corp. in Middlefield; and Fed Ex Ground in Willimantic.
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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