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What was your greatest professional accomplishment in 2016? - Rimas Veitas of Veitas and Veitas

Rimas Veitas, Veitas and Veitas Rimas Veitas
Veitas and Veitas

Our firm has a great concentration of our work in the multifamily marketplace which is currently booming in the Boston and New England areas. We strive to improve our structural designs to fulfill the needs of our developer and architectural customers. In today’s world, where there is not ample time given for design we have had to use our experience to anticipate issues that our customers may not be aware are issues. Some examples of this are headroom within the leasing office/gym/public spaces within podium structures. In these spaces there is simply not enough floor to floor height to create the clear ceiling height that is required by the client. Using PT-concrete to reduce the structural depth has allowed more ceiling height. Dropping the slab on grade by two feet to allow added headroom works well in some cases. Simply asking if the interior designer of such spaces is on board on day one allows for the solution of this complex space in time for us to issue an early, more complete concrete or steel package. Being able to provide enough information to the subcontractors to use historical pricing on a “Veitas Design” to accurately predict cost at the schematic design phase. All of these “value issues” add up and provide our customers a predictability of design that they can rely on.

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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