News: Northern New England

Rayberg of ROI Corp. completes business sale of Conservation Plumbing

Conservation Plumbing and Heating, a long established contractor serving the Lakes region has been sold by founder Brad Fitzgerald. He will be staying on with the company to assist the new owners. The buyer is Joe Fadden. He has been a plumber for many years and has been a manager and estimator for two much larger firms in the area. "I am looking forward with Brads help to bringing this company to the next level while continuing to provide our clients with the best of service both residential and commercial that they have always received from this firm" The company sees no reduction anticipated in work force and expects to be expanding in the coming months. The seller was represented by Gary Rayberg of ROI Corp, Business Brokers and Rod Dyer of Wescott, Dyer, Fitzgerald and Nichols PA. The buyer was represented by Ari Pollack of Gallagher, Callahan and Gartrell of Concord.
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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