News: Green Buildings

Solar Installation LLC completes 58kW solar array for Spectrum Lighting's 120,000 s/f facility

Solar Installation LLC installed and commissioned a 58.8kW system on Spectrum Lighting's massive 120,000 s/f manufacturing and showroom facility. The solar array consisted of 299 solar modules, Solectria inverters and an innovative ballast mounting system, which does not penetrate the roof. The facility is a former mill building which dates back to 1872. Spectrum manufactures energy efficient commercial and architectural lighting used by facilities nationwide. Before the system was installed, Spectrum had their roof resurfaced with added insulation and a TPO white membrane installed by CentiMark Corporation's Massachusetts division. It is UV rated which dramatically increases the roof lifespan, cuts cooling costs and improves the solar arrays performance. The system is designed with a four year payback and will reduce green house gas emissions by 1,256 tons of CO2 over its 25 year lifespan. Raynham based Munro Distributing provided all the solar components. "The installation is near complete and had no manufacturing or other down time. The installation looks amazing, clean and simple," said Chris Roemlein, president, Spectrum Lighting Spectrum plans to further transform their 138 year old former mill building into a lean, energy efficient facility by adding another solar array and an addressable LED lamp retrofit coupled with a daylight harvesting system. This will enable them to increase production and improve their bottom line. Spectrum Lighting is also looking into leasing six to ten Chevy Volt cars, which would be charged at stations in front of their building. Solar Installation's success with large commercial projects is due to their extensive preplanning and in-house design skills. All the system components are pre-assembled, electrically connected and tied in to the facility's power, along with the utility provider's grid virtually through design software. This way, the actual installation is thoroughly pre-tested and the installation proceeds smoothly. They arrange multiple vendors and supplies, such as crane operators, electrical components, racking systems and the delivery of hundreds of panels with such precision that the entire system was installed and fully operational within eleven days. Solar Installation LLC, is turning into the preferred large scale solar installation firm in the state. Munro Distributing Company is the premier supplier of electrical supplies, renewable energy components, commercial lighting and energy efficient lighting. They have locations throughout MA, RI, NY, NJ and CA
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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