News: Rhode Island

Wayne J. Griffin Electric completes electrical installation at East Greenwich Middle School; project team for 105,000 s/f includes Gilbane Building Co. and Symmes, Maini & McKee Associates

Wayne J. Griffin Electric, Inc. (Griffin Electric) has completed the electrical installation work at the new East Greenwich Middle School. Opened this past spring, the 3-story, 105,000 s/f institution will accommodate students in grades 6 through 8, in addition to housing administration, a gymnasium, cafetorium, music suite, full kitchen, and classrooms for academics and shops. The new school has been erected adjacent to the existing school, with the project's next phase to include the demolition, abatement and site work for the previous building. Griffin Electric's contributions on-site included a 50 KVA utility interactive photovoltaic system and a data acquisition system, responsible for the display of various "green" building features. Also, a 1600 amp electric service, addressable fire alarm and integrated electrical security systems, telecommunications, sound, clock & public address systems, energy-efficient lighting and controls, plus an emergency generator were all installed by the Griffin team. Leading the project is owner's representative, Strategic Building Solutions, LLC, along with general contractor, Gilbane Building Co. Serving as the project's architect and electrical engineer is Symmes Maini & McKee Associates, Inc. (SMMA). "With many projects being put on hold due to the current economic climate, we are very fortunate to have educational experience on our resume, as this type of construction is always in demand," said Wayne Griffin, president.
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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