News: Retail

Schimenti Construction to build 62,394 s/f H&M

Schimenti Construction Company is steadily at work in the Herald Square shopping district, creating the largest-ever H&M store worldwide. Slated to be completed in spring 2015, the store will occupy 62,394 s/f on four floors. This H&M flagship is located at 1293 Broadway in Herald Center, the exclusive home of pre-eminent national retail chains. The scope of the new construction includes all new elevators and escalators, highlighted by a stunning "Rain of Light" display at the escalator atrium. Schimenti is also creating an interior LED wall and four-story terrazzo wall feature which includes mirrored walls and ceiling. The first three floors of the building will be covered in a glass façade and adorned with eye-catching billboard-style campaign images.
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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