News: Construction Design & Engineering

Triumph completes modular school building relocation project

Triumph has completed one of the largest modular building relocation projects in New England history, providing an example of the reuse and cost-saving capabilities modular design can offer schools and towns. The project saw Triumph move a two-story, 26,000 s/f modular building from Wachusett Regional High School in Holden to the Francis W. Parker Charter Essential School in Devens The Parker School, a 375-student charter school serving grades 7-12, required a high-quality, cost-efficient solution to address their urgent space demands and purchased the structure from the Wachusett Regional School District, which no longer needed the building. The modular building was disassembled at Wachusett, transported down I-90 and then reassembled at the Parker School-all in six months. The modular building provides the Parker School with an additional two-stories of classroom and lab space, totaling more than 26,000 s/f. The addition contains a total of 14 classrooms, is handicapped accessible and energy efficient. "This was an ambitious move, becoming the largest of its kind in New England history," said Cliff Cort, president of Triumph Modular. "The opportunity to acquire this lightly used space cut project costs for the addition to less than one third of what it would have cost to build this space new." said Teri Schrader, principal at the Parker School.
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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