News: Construction Design & Engineering

Sullivan Const. completes new 8,900 s/f environmentally friendly headquarters

Sullivan Construction, Inc. has relocated their corporate offices to 258-260 South River Rd. The project has been submitted to the U.S. Green Building Council and is working to achieve New Hampshire's first Leadership in Energy and Environmental Design (LEED) Platinum accredited commercial interior project. The design/build and construction management company worked with Berard-Martel Architects, TF Moran Engineeers and the Jordan Institute on the project. The Sullivan team completed interior renovations to the newly purchased 8,900 s/f, two story colonial office building, which was the former Nationwide Insurance building. According to president Tom Sullivan, their new headquarters impresses possible clients who are interested in using green components for a new project. Sullivan used abundant natural light and bamboo lumber for floors. They also used other flooring products that were produced with recycled materials. Other products included low volatile organic compounds (VOCs) paints and finishes, spray foam insulation, energy-efficient HVAC systems and lighting, water saving low-flow toilets and faucets and Energy Star rated equipment. Also, the company built a changing room and bike storage room to encourage employees to use environmental methods of commuting to work. The state of New Hampshire currently has 15 LEED accredited projects. After completion of renovations, the company relocated to the new facility in October 2008. The USGBC's LEED Green Building Rating System encourages and accelerates global adoption of sustainable green building and development practices through the creation and implementation of universally understood and accepted tools and performance criteria. Sullivan Construction, Inc. is celebrating its 39th year in business. Tom Sullivan is president and sole owner of Sullivan Construction; succeeding Jack Sullivan who founded the company in 1970. The company is active in all major segments of commercial contracting and specializes in healthcare, retail, banks and private school construction. They've managed construction projects in 27 states. For over 39 years the company has focused on customer satisfaction. Sullivan Const. has earned the confidence of countless satisfied clients who time and again turn to the Sullivan Construction, Inc. for their construction needs. The company has a 73% repeat business. Sullivan Const. has been "building trust since 1970" in all of their relationships.
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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