News: Front Section

Shawmut Design and Construction hires Sotir as project executive

Shawmut Design and Construction, an $860 million national construction management firm, has hired John Sotir to the retail division as project executive. As project executive, Sotir will be responsible for overseeing the entire office and field teams for all of his projects. Using his 25 years of retail construction experience, he will serve as they key owner liaison, accountable for client satisfaction in all aspects of the project, as well as monitoring project scheduling and budgets. Sotir is currently working on projects for Versace Collection, Rebecca Minkoff, and Camille La Vie. Prior to joining Shawmut, Sotir was COO at Mackenzie Keck Construction and director of store planning and construction at Live Specialty Retail Group/Trans World Entertainment. He has worked with clients including David Yurman, Under Armour and Godiva. He has worked on projects throughout the U.S., Puerto Rico, Canada, and the U.K. "Shawmut Design and Construction is a well-established firm with a portfolio filled with notable projects. I look forward to working on such a talented and professional team and helping expand the retail division," said Sotir. Sotir is a member of the International Council of Shopping Centers and Retail Design Institute. He graduated from College of the Holy Cross with a bachelor of arts in economics. "With over 25 years of experience in retail construction and after completing successful projects across many geographic regions, John will bring a lot of insight to our projects nationwide," said Les Hiscoe, president of Shawmut. "His experience and leadership will be invaluable to our team as we continue to grow."
READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
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