News: Connecticut

Schultz and Best join Parsons Brinckerhoff at its Glastonbury office

Jeffrey Schultz has been named a senior principal technical specialist at Parsons Brinckerhoff. Parsons Brinckerhoff is serving as the program manager to the Connecticut Department of Transportation (CTDOT), overseeing implementation of new passenger rail service along the New Haven-Hartford-Springfield (NHHS) rail corridor. In his new position, Schultz will be responsible for service and operations planning, including fleet, schedule, maintenance and service amenities issues for the program, which will see new Amtrak and CTDOT train service on the NHHS rail corridor beginning in 2016. Schultz has over 20 years of experience in the passenger rail and rail freight industries. Prior to joining Parsons Brinckerhoff, he was a project manager with the Washington State DOT, responsible for managing a variety of capital projects. Schultz holds an MS degree in transportation geography from San Diego State University and a BA in geography and political science from Drake University. Warren Best has been named a project engineer at Parsons Brinckerhoff. In his new position, Best is overseeing construction on the Pearl Harbor Memorial Bridge in New Haven, responsible for cost and schedule control, federal reporting, engineering support services and construction management support. He has over 20 years of structural engineering experience in the design, inspection and rating of steel and concrete bridges. Best received a BSCE degree from the University of Hartford.
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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