News: Owners Developers & Managers

Berkeley Investments leases 25,810 s/f to Silicon Labs at 343 Congress Street in Fort Point Channel

Silicon Labs has executed a 10-year lease at Berkeley Investments' 343 Congress St. Silicon will take 25,810 s/f and occupy the entire fourth floor. 343 Congress St. is a five story 111,000 s/f building, located in the Fort Point Channel neighborhood. Silicon Labs' new office at 343 Congress St. will house research and development teams as well as sales and administration.John Driscoll of Cushman & Wakefield represented Berkeley Investments and Thomas O'Regan of JLL represented Silicon Labs in the lease. Berkeley Management will provide construction management services for Silicon Labs' full floor renovation and will continue to provide 343 Congress St. with property management services. "Silicon Labs is an innovative and exciting company which develops applications employed in many products widely used by consumers,' said John Karoff, senior vice president of Berkeley Management, Inc.
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Colwen Hotels celebrates opening of the first hotel in Portland’s Thompson’s Point - Residence Inn by Marriott and Moxy Hotel

Portland, ME Colwen Hotels celebrated the opening of Residence Inn by Marriott and Moxy Hotel Portland Thompson’s Point, the first hotel in the city’s Thompson’s Point district. Developed by XSS Hotels and managed by Colwen Hotels, the five-story, dual-branded property introduces 148 guestrooms to one of southern Maine’s fastest-growing waterfront destinations.
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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
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
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

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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