Spotlights

Maugel Architects completes 40,000 s/f NewCorr Packaging warehouse expansion

Northborough, MA Construction of the 40,000 s/f warehouse addition for NewCorr Packaging, designed by Maugel Architects, has been completed.  With the challenge of a tight and steep site, Maugel worked closely with

Stubblebine leases 45,000 s/f warehouse at 12 Industrial Dr.

Sterling, MA David and James Stubblebine, principals of The Stubblebine Company, and Alan Ringuette, senior advisor, leased 12 Industrial Dr., a 4.41 acre property improved with a 45,000 s/f warehouse building to Crate Logistics

Project of the Month: Integrated Builders awarded 715,000 s/f market operations and distribution center for The Home Depot

Tewksbury, MA Integrated Builders has begun construction for the new 715,000 s/f single-story market operations and distribution center for The Home Depot. The building will be built from the ground-up, on a 120-acre parcel within Riverview Business Park.

2021 forecast: We expect significant volume of 1031 tax-deferred exchanges to continue this year - by Brendan Greene

Internal Revenue Code (IRC) Section 1031 allows a property owner, who holds property for “the productive use in a trade or business or for investment”, to defer paying capital gains taxes if the property owner sells such property, identifies “like kind” property

Bright spots, hiccups and trends within the 2021 commercial real estate market - by Webster Collins

At CBRE’s annual kick off “town hall” meeting to discuss Boston’s commercial real estate market as the new year began, we were on Zoom instead of the Intercontinental Hotel ballroom, and the focus was primarily internal

The wait for justice - by Jason Scopa

As the saying goes, justice delayed is justice denied. Certainly COVID-19 is teaching civil litigants just how long the wait may be. It is also forcing many to look outside the box and consider the pros and cons of trying to resolve their cases through jury-waived trials, judicial panels

Uncertain times: The pandemic of 1918 had a lasting influence on building design and lifestyles - by David O'Sullivan

We certainly have much to think about as we look forward to the next six months. There is a new president and no one is sure what effect that will have on the building industry. We have a stock market that keeps going up on hope for the future and all of us just trying to navigate the world

Commercial real estate financing outlook 2021 - by Derek Coulombe

2020 was a year dominated by the global pandemic and 2021 starts off with emotions running high and uncertainty in the market. The outlook for commercial real estate this year is an expected cautious reopening as the vaccine rollout continues and we expect the finance markets

Safely powering a bright future amidst a pandemic - by Kristen Gowin and Alan Scharfe

As the construction industry enters 2021, NECA Boston Chapter views the upcoming year with an ever-present sense of optimism coupled with a strong dose of reality. That said, 2020 was a year that will have lasting impacts on all businesses in every market sector, including the construction industry.

Trends that won’t change: Skilled labor shortage, strict regulations, and compressed delivery schedules - by Robert Duval

One easy prediction to make for the year ahead is that there will be some significant changes, not just in the construction and real estate industry, but throughout the economy: some for the better, some for the worse. So, let’s instead take a look at a few things that probably won’t be changing: