News: Connecticut

Shawmut Design and Construction promotes Procino to project executive and manager

Shawmut Design and Construction has promoted Ken Procino to project executive and manager of Shawmut's Connecticut office. In this role, he will provide executive level management of Shawmut's construction project operations. He will also serve as manager and direct the leadership team in the North Haven, Connecticut office, one of Shawmut's seven offices nationwide. Procino previously held senior level project management responsibilities at Shawmut, primarily for major college and university work. In this new role, Procino will be leading preconstruction services and overseeing multiple project teams in the construction of educational, library, commercial, retail, garage, residential, corporate, historic, hospital and healthcare, cleanroom, and assisted and skilled nursing facilities, as well as city and state funded projects. Procino graduated from Pennsylvania State University with a B.S. in Structural Design and Construction Engineering Technology. He also holds a B.S. in Construction Management. Additionally, Procino is a LEED and OSHA certified professional, and an ASHE Certified Health Constructor. Shawmut Design and Construction is a leading construction manager currently engaged in $860 million in projects nationwide. The North Haven office serves educational, healthcare, commercial and institutional clients throughout Connecticut including Yale University, Choate Rosemary Hall and the University of Connecticut.
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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