News: Front Section

The Pike Co. honored at Conn. Building Congress Project Team Awards

According to The Pike Co., they were part of the Sports and Medical Sciences Academy project team that won the first-place award in the "K-12 Schools - New or Renovation" category of the 2009 Connecticut Building Congress Project Team Awards. In its 13th year, the awards ceremony recognizes design, teamwork, problem solving and timelines among participants in the construction process. Pike provided cost estimating services for the $71 million project, adopting a close collaboration with the other team members that improved the quality of it. The expansion and renovation created a new, 158,000 s/f Sports and Medical Sciences Academy that became home to 725 students when it officially opened almost one year ago. The school is equipped with 9 science labs, a broadcasting studio, a full size gymnasium and a field house with a rock-climbing wall. The theme of the Sports and Medical Sciences Academy is to interest students in pursuing higher education to study all fields related to sports: medicine, physiology, broadcasting, management, research, nutrition and fitness. DuBose Associates Architects designed the project, and Diggs Construction was the project manager.
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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