News: Construction Design & Engineering

Tocci Building enters collective bargaining agreement with New England Regional Council of Carpenters

Tocci Building Companies has entered into a collective bargaining agreement with The New England Regional Council of Carpenters (NERCC). The new agreement represents a mutual understanding of the demand for enhanced technology in the evolving building, design, and construction industries, along with superior levels of safety training and practices. Tocci and the NERCC share a mutual respect not only for technology in the building industry, but also for in-depth safety training and practices in the workplace. In 2014, Tocci was recognized by the Associated General Contractors of America (AGC) for their 21st annual National Safety Award. The NERCC also promotes a high level of safety training for members of their apprenticeship program and offers ongoing continuing education courses at multiple facilities in New England. "This partnership will yield positive results and new opportunities for our firm, as well as The New England Regional Council of Carpenters, due to a shared understanding of industry-leading building processes, quality of work, and safety practices," said John Tocci, chief enabling officer at Tocci. "We look forward to collaborative efforts on new and notable projects while continuing to deliver highly-efficient and cost-effective solutions to our clients in the future." Shown (from left) are: Tony Sandonato, executive vice president, Tocci Building Companies; Mark Erlich, executive secretary-treasurer, NERCC; John Tocci, chief enabling officer, Tocci Building Companies; and Al Peciaro, contractor relations director, NERCC.
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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