News: Owners Developers & Managers

Block and Siegel of CBRE broker 3,560 s/f lease to Fifth Street Management

Fifth Street Management LLC, the investment adviser of Fifth Street Finance Corp. has signed a 3,560 s/f lease at 2 Greenwich Office Park. David Block, first vice president, and Michael Siegel, executive vice president of CB Richard Ellis' Stamford office, represented ownership in negotiating the direct lease transaction. "Greenwich Office Park continues to maintain its standing as the premier work environment in Town," said Block. "The Park provides every amenity a tenant could ask for and is home to some of the most prestigious names within the financial services industry." Greenwich Office Park is a nine building office park located in a wooded campus setting with two ponds on 23 acres. The class A office park features a full service café, fitness center with personal training, dry cleaning, shoe shine and car detailing services. The property provides shuttle service to the Greenwich Train Station and is easily accessible from I-95, exits 2 or 3 and the Merritt Parkway, exit 2.
MORE FROM Owners Developers & Managers

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
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
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

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