News: Construction Design & Engineering

Vanderweil Engineers acquires CCR Pyramid

Vanderweil Engineers has acquired CCR Pyramid Inc., a 20-person consulting practice that specializes in technology infrastructure, audiovisual, CCTV, and security design. CCR Pyramid was established in 1984 and is based in Waltham. Staff will relocate to the Boston headquarters of Vanderweil, located on Summer St. CCR Pyramid's founder and principal, Michael Kerwin, will become a principal with Vanderweil and will lead technology-related services firmwide. The firm began operating under the Vanderweil name effective June 3. "Michael Kerwin has been a visionary in technology services in our industry," said Eli Sherman, CEO of Vanderweil. "His expertise will be instrumental in assisting our public- and private-sector clients in addressing challenging and evolving needs in security and advanced technology." CCR Pyramid's portfolio includes numerous projects for clients in education, technology, finance, and real estate development as well as government agencies at all levels. Projects completed with Vanderweil prior to the acquisition include the District of Columbia Consolidated Forensic Laboratory, Washington, D.C.; Harvard University Sherman Fairchild Biochemistry & Bauer Laboratory Buildings, Cambridge, Mass.; and Baystate Medical Center, Hospital of the Future, Springfield, Mass.
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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