News: Front Section

Vantage Builders completes office renovations for Boston Properties, Inc. at the Quorum Office Park

Vantage Builders, Inc., a general contracting and construction firm, has completed a 16,000 s/f office renovation project for Boston Properties, Inc. at the Quorum Office Park, 271 Mill Rd. Boston Properties hired Vantage to construct new office space after leasing part of the building's third floor to AMEC, an international engineering and project management company. Built in 2001, the space was in very good condition; however, it was not configured properly for the incoming tenant. AMEC, which was moving from Westford, requested a certain layout of the offices and cubicle space, to ensure an efficient work environment. "Working within newer construction, like Quorum Office Park, certainly has advantages," said Mike Thayer, senior project manager, Vantage Builders. "We were able to create the office space that AMEC envisioned and make sure their employees were able to hit the ground running immediately after the move." Following designs by architects Perkins+Will, Vantage constructed 30 new offices and the facilities to support 60 cubicles, as well as four conference rooms and other supporting rooms. The work required significant internal demolition, including the removal of existing walls, as well as the relocation of electrical systems to accommodate AMEC's employees and equipment. New finishes for the location included wall paint and new carpeting throughout the office. Vantage offers contracting services to corporations, developers, property managers, retailers and private institutions throughout New England. Our standard construction services include general contracting and construction management. More comprehensive services include design/build and value engineering. In managing and building scores of commercial projects, we've found that versatility is key to our customers' success. Our experience includes specialized tenant build-outs, standard property improvements, base building work and construction from the ground up.
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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