News: Owners Developers & Managers

Shawmut Design and Construction appoints Moschella project manager

Shawmut Design and Construction, located at 560 Harrison Ave., has hired Marc Moschella as project manger for the company's academic and institutional clients. Moschella, who brings more than 15 years of experience in the local marketplace to his new position at Shawmut, will be responsible for the daily oversight of Shawmut's field and office teams, as well as managing the pre-construction and construction phases on academic and institutional projects. "We are thrilled to have Marc on board as a project manager," said Kevin Sullivan, vice president at Shawmut. "His experience and leadership will be invaluable to our team as we continue to grow." Moschella, who joins Shawmut after working with J.M. Coull, Inc., has extensive experience in managing complex academic, manufacturing and life science projects including schools, cleanroom and laboratory projects, corporate office buildings, and manufacturing operations. Moschella holds a B.S. in construction management from Fitchburg State University. Shawmut is a national construction management firm that builds exciting projects for distinguished clients. As an ESOP (employee-owned) company, Shawmut's main objective is delivering exceptional, personalized service to clients. Project teams take the time to truly listen to clients' goals and concerns while implementing comprehensive tools and services. Shawmut's unique business model allows project teams to better service clients by focusing their specialized expertise within one of the following areas: academic, commercial, corporate interiors, cultural and historic, gaming, healthcare and science, hotels, restaurants, retail, spas and health clubs, and sports venues. Shawmut has offices located in Boston, Providence, New York, Las Vegas, Los Angeles, West Springfield, and New Haven.
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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