News: Retail

Trinity completes Russell House Tavern project totaling $350,000

Trinity has completed Harvard Square's latest neighborhood tradition, Russell House Tavern, located at 14 JFK St. "Our team really excels in build-outs for the hospitality industry, so we were excited to transform the existing restaurant space into the relaxed, yet upscale, Russell House," said Paul Mancini, partner, Trinity Building + Construction Management Corp. Third Street Associates (owners of Grafton Street, Redline, Temple Bar and the Irish Village), hired Trinity for a full renovation of an existing restaurant, to transform it into a contemporary 6,200 s/f American dining space. The space was designed by Niemitz Design Group Inc. Over a five-week period, Trinity performed carpentry and millwork, and installed new doors, windows and brick. They were also responsible for the painting, plumbing, and electrical within the space. Finally, the team finished off the interior with new bar tops and a custom screen wall, to give it a contemporary American look. The project cost $350,000.
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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