 (1).png)
News:
Owners Developers & Managers
Posted: March 28, 2013
Allaire of Century 21 Commonwealth brokers $165,000 sale of 4,000 s/f building to Joshua Realty, LLC
According to Century 21 Commonwealth, Jeff Allaire has brokered the $165,000 sale of 1 Lloyd St. to long time client Joshua Realty, LLC.
The site features a 4,000 s/f concrete block building with a ribbed block façade set on 10,000 s/f of land. The property directly abuts the RK Plaza, a 78,000 s/f Super Stop & Shop anchored center.
The rear portion of the building has already been leased to Diamond Door, a state wide garage door sales and installation firm.
Jeff Fontaine of Fontaine Real Estate represented the seller, Armand Froment.
MORE FROM Owners Developers & Managers
Atlantic Property Management expands facilities maintenance platform: Assigned two new facility management contracts in RI
Boston, MA Atlantic Property Management (APM) has expanded its internal facilities maintenance and operations platform and has been assigned two new facility management contracts in Rhode Island. The properties will undergo redevelopment and repositioning
Quick Hits
 (1).png)
Columns and Thought Leadership
Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan
When it comes to the sale or financing of real property, tenant estoppel certificates are not just formalities – they are crucial documents that confirm the status of existing leases. Tenant estoppel certificates offer prospective buyers and lenders necessary assurance regarding the property’s financials and any
New Quonset pier supports small businesses and economic growth - by Steven J. King
Quonset recently celebrated a milestone nearly 70 years in the making when federal, state, and local leaders joined us for the ribbon cutting of the new Terminal 5 Pier and Blue Economy Support Docks at the Port of Davisville.
Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson
As the commercial real estate market continues to navigate the disruptive forces of rising vacancy rates and increasing operating costs, landlords are under pressure to find new levers to protect income and strengthen asset performance. Amid these challenges, onsite solar and battery storage – particularly when financed through third-party ownership models – are emerging not just as environmental upgrades, but as powerful financial strategies.
Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock
A major shift in Connecticut’s environmental law is on the horizon: the state’s Transfer Act will expire next year, ushering in a new cleanup program with broader applicability and new triggers.