News: Owners Developers & Managers

Baybutt Const. Corp. is successful bidder for Springfield schools

After several years of planning, and after funding was approved by the taxpayers, the Union St. and Elm Hill Elementary Schools in will now get their needed renovations and additions. Baybutt Construction Corp. of Keene was the successful low and responsible bidder on these two school projects, coming in at $16,233,250.   Dore and Whittier Architects of Burlington, VT are the designers for these projects.    Elm Hill students have been relocated while the $6,757,725 construction occurs, which will include extensive site work, three additions and comprehensive renovation to existing school. Union Street students will occupy the school during the $9,475,525 addition and renovation project which will include site work, comprehensive renovation to existing school and a 15,000 s/f addition.
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BGO and Seyon complete acquisition of a 134,413 s/f industrial portfolio

Marlborough, MA BGO, a leading global real estate investment manager, and Seyon, a Boston-based, vertically integrated investor, owner and operator of industrial real estate, have completed the acquisition of a two-building, 134,413 s/f industrial portfolio.
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Columns and Thought Leadership
The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant