News: Northern New England

TRB Development Group, Inc. completes 4-story building and 22,400 s/f renovation project

TRB Development Group, Inc., general contractor in Hooksett, has completed Ten Pettee Brook Lane, a mixed-use residential/retail, four-story building for Ionian Properties, LLC. The project will house 68 University of New Hampshire students this fall. The architect was Isaac Design, PLLC of Durham, and the civil engineer was MJS Engineering of Newmarket, N.H. TRB has completed renovations of Omnicare, a 22,400 s/f pharmacy-related services provider, plus the addition of an elevator. The architect for this project was David M. White Architects of Goffstown, N.H. TRB has also begun a two-month turnaround interior remodel for Elliot Windham (doctors' offices). The architect is Burnell Johnson of Manchester, N.H.
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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