News: Construction Design & Engineering

Wise Construction completes 3 medical projects in Mass. and N.H.

Wise Construction has transformed interior space previously used for surgical recovery into a new sleep laboratory at Memorial Hospital. Construction on the new Sleep Center required noise mitigation and subcontractor coordination to ensure there was no disruption of patient care in the adjacent Respiratory Unit. SBA designed the new center. Wise Const. also completed the Hamarah Laboratory at Schepen's Eye Research Institute in Boston. The 2,000 s/f project included renovation of wet and tissue culture laboratories and two black rooms for use with a multiphoton microscope laser. The lab was designed by Hecht Associates. Wise also converted office space at the Broad Institute in Cambridge into a micro fabrication laboratory. Work involved installation of fume hoods and mechanical upgrades. The architect was Elkus Manfredi.
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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