News: Spotlight Content

2026 Women in Construction: Paula Balcius, Fulcrum Associates, LLC

Paula Balcius
Chief Financial Officer
Fulcrum Associates, LLC

What current or recently completed project, accomplishment or initiative are you most excited about, and why does it matter for your team, clients or community? I’m most proud of a major hospital MEP upgrade. We replaced decades-old boilers, chillers, and air handlers, but design issues with the air handlers put the project on hold for months. Multiple contracts moved at different paces under one umbrella, requiring careful cash flow, change management, and oversight. Navigating both technical and financial complexity, the team delivered reliable, efficient infrastructure that supports critical hospital operations while demonstrating the value of disciplined project management.

What do you wish more women knew about the opportunities available in the construction industry today? Construction doesn’t lack opportunity for women – it lacks awareness of where the power sits. Project management is the control room of construction, rewarding judgment, coordination, and follow-through. Women excel at systems thinking, foresight, and disciplined execution. Authority doesn’t require volume – clear communication and accountability keep projects moving. Construction needs skilled project managers, not egos, and women already have the skills to succeed.

What emerging challenge or opportunity do you see shaping the construction industry in the next few years, and how are you preparing for it? AI is already reshaping construction project management, not through automation, but by enabling better decisions. It flags risk, predicts schedule slippage, and surfaces cost anomalies. The challenge is discipline – AI only works with good data. Firms that integrate AI into workflows amplify judgment and gain a competitive advantage.

What habit or routine helps you stay focused or motivated during a busy week? Quickly acknowledge communications, even if you can’t act right away. Closing the loop builds trust and buys time.

What is one piece of advice or perspective you would share with women beginning their careers in the construction industry? Do not confuse unfamiliarity with incompetence. Ask questions early and honestly – silence hurts credibility more than curiosity. Construction skills are learned on the job; reliability, judgment, and organization are rare and valued. You don’t need volume or swagger – credibility comes from following through, documenting decisions, and closing the loop.

MORE FROM Spotlight Content

Participation opportunities for our Industrial Review 2026

The New England Real Estate Journal is pleased to announce participation opportunities for our upcoming Industrial Review 2026, a special publication highlighting the people, projects and properties shaping New England’s industrial real estate market.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
As legacy names recalibrate, new entrants are moving in with fresh capital, new technologies, and business models tailored to today’s supply-chain needs - by Michael Harrington

As legacy names recalibrate, new entrants are moving in with fresh capital, new technologies, and business models tailored to today’s supply-chain needs - by Michael Harrington

Southern New Hampshire’s industrial market has always punched above its weight. For decades, the region has attracted a mix of advanced manufacturing, beverage and food producers, logistics operators, and specialty
How do we manage our businesses in a climate of uncertainty? - by David O'Sullivan

How do we manage our businesses in a climate of uncertainty? - by David O'Sullivan

These are uncertain times for the home building industry. We have the threat of tariffs mixed with high interest rates and lenders nervous about the market. Every professional, whether builder, broker, or architect, asks themselves, how do we manage our business in today’s climate? We all strive not just to succeed, but
Shallow-bay wins on 495/128:  A renewal-driven market with a thin pipeline - by Nate Nickerson

Shallow-bay wins on 495/128: A renewal-driven market with a thin pipeline - by Nate Nickerson

The Boston industrial market entered mid-2025 in a bifurcated state. Large-block vacancy remains elevated, while shallow-bay along the 495/128 corridor continues to prove resilient. Fieldstone’s focus on this geography positions us squarely in the middle of a renewal-driven, supply-constrained
Limited supply fuels landlord‑friendly conditions in Rhode Island’s industrial market - by Julie Freshman and George Paskalis

Limited supply fuels landlord‑friendly conditions in Rhode Island’s industrial market - by Julie Freshman and George Paskalis

As we enter the spring of 2026, the Rhode Island industrial real estate market stands on stable footing, following several years of resilience fueled by constrained supply, steady demand, and dynamic economic conditions.