News: Construction Design & Engineering

TRB Development Group wins CHIEF Buildings Freight Terminal award

TRB Development Group, Inc. has won CHIEF Buildings' 2011 "Freight Terminal" award for pre-engineered metal buildings. The winning project is the new 45,968 s/f FedEx ground sorting distribution center in West Lebanon that the general contractor completed in June 2011. TRB was selected by The Westmorland Company of Huntsville, AL to build this facility, and it was designed by Amoskeag Architectural Group, LLC.Metro Walls begins framing at 75,000 s/f Bedford Falls Assisted Living Facilitybedford, nh Metro Walls, Inc. was hired by CE Floyd Company to install roof trusses, decking, exterior and interior wall and ceiling framing, and drywall finishes for the newly designed Bedford Falls Assisted Living Facility. The $24 million development will furnish a 75,000 s/f building, and is designed for 64 assisted living residencies, 84 apartments, and 20 memory care units. During the height of construction, Metro Walls will employ between 30 and 40 workers to keep the project on a fast-track. Metro Walls' familiarity with LEED compliance was ideal for Bedford Falls who will seek Silver LEED Certification for this project. The expected completion date is October.
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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