News: Spotlights

Reservoir Woods earns LEED Platinum

Reservoir Woods earns LEED Platinum certification from the USGBC. This is one of only two single-tenant facilities in the world to earn LEED Platinum certification for Core and Shell Construction and Commercial Interior from USGBC. Platinum LEED is universally recognized as the highest standard for sustainable design and construction. Reservoir Woods' energy and water-saving features include: * Lighting that uses 40% less electricity than a typical commercial building in Mass. and will save more than 800,000 kilowatt hours annually - enough to power 133 homes for one year. * Water conservation measures expected to reduce consumption by about 2.4 million gallons per year. * Roof-top solar panels that generat enough electricity to power about 30 homes each year and offse 400,000 lbs. of CO2 annually. * Sustainable materials: 28% of the material and furnishings are recycled; 66% of the wood is sourced from sustainably managed forests, carpet tiles consisting of 42% pre-consumed recycled materials; workstation fabrics made of 100% recycled content; locally manufactured recycled aluminum ceiling tiles; low-VOC adhesives, sealants, paints and coatings throughout the building. National Grid: energy efficiency expert Davis Marcus Partners: owner/developer Prudential Real Estate Investors: owner CBRE/New England: exclusive agent John Moriarty & Assoc.: construction manager AHA Consulting Engineers: core LEED consultant AHA Consulting Engineers: mechanical engineer ADD Inc: base building architect Sasaki Assoc. interior architect Sasaki Assoc. interior LEED consultant Jones Lang LaSalle tenant project manager
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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!
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Columns and Thought Leadership
CRE market continues to navigate and adjust - by Kristie Russell

CRE market continues to navigate and adjust - by Kristie Russell

The New Hampshire commercial real estate landscape has experienced notable fluctuations in recent years. Within the office sector, there has been a consistent uptick in available space since 2020, attributed to a wave of companies downsizing or closing their New Hampshire operations. However,
Risk-based capital requirements: Impact of rules on commercial real estate loans - by Michael Chase

Risk-based capital requirements: Impact of rules on commercial real estate loans - by Michael Chase

Two popular sources of commercial real estate financing are banks and insurance companies. According to the Mortgage Bankers Association, banks and insurance companies combined hold 54% of the nearly $4.7 trillion in outstanding commercial mortgages as of the end of 2023. Both of these lender groups are subject to regulations
Navigating conversations and industrial real estate: Unveiling the intricacies with a dash of dad jokes - by David Skinner

Navigating conversations and industrial real estate: Unveiling the intricacies with a dash of dad jokes - by David Skinner

Here are a few of my favorite topics of conversation: politics, religion, money, and relationships. Other than a below average level of social capability, why do you suppose that those are some of my favorite conversation pieces? Well, I believe that there is a fascinating truth hidden within these realms
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