News: Owners Developers & Managers

Berger and Galvani of Parsons Commercial Group, Inc. handle two leases for KS Partners

The listing team of Alex Berger and Victor Galvani of Parsons Commercial Group, Inc., (PCG) recently completed two office lease deals at Jefferson Office Park - 790 and 800 Turnpike St. The team represents KS Partners, the owner of the office park. Joining Jefferson Office Park is Seven Hills Foundation, a non-profit organization whose mission is to promote, encourage and empower people with challenges. "This is an added location," said Berger. "They have a location just a few miles away, but needed just a bit more square footage. We were able to accommodate their needs due to the flexibility in size ranges that we have available at the park." The organization leased just over 2,000 sq/f at 790 Turnpike Street. Also joining Jefferson Office Park is Prometric, a leading provider of comprehensive testing and assessment services. The company leased 2,400 s/f at 800 Turnpike St. "This will be a new testing center," said Berger. Berger and Galvani exclusively represent 790 and 800 Turnpike St. at Jefferson Office Park. The park offers direct access to Rte. 125 and is in close proximity to Rtes. 93, 95 and 495. The park features classic brick 3-story elevator buildings, landscaped grounds and renovated common areas. There are several hotels in the immediate area including Courtyard Boston, Wyndham Boston Andover, Holiday Inn, Andover Inn, and Comfort Suites.
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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
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Columns and Thought Leadership
New Quonset pier supports small businesses and economic growth - by Steven J. King

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.
Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

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
Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

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.
Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

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.