Brosler of Metrowest Commercial reps. Red Velour for $3.4 million acquisition

Eric Brosler, principal of Metrowest Commercial Real Estate (MWCRE) LLC represented Red Velour LLC in its $3.4 million acquisition of 213 West Central St. (Rte. 135). The 26,000 s/f building, which is located on a 2 acre lot, had been the home of floral and gift retailer Barber Bros. for 63 years. Red Velour LLC has enlisted MWCRE for the leasing of the project and intends to improve the commercially zoned property for long-term investment. Christopher Tosti of CB Richard Ellis represented the seller.Christopher Tosti

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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.

Brookfield Properties has rebranded as BGRE

Cathartes and Tidemark to open Marlo on Mill Pond this fall

Project of the Month: Brady Sullivan opens The Lofts at 93 North - Modern luxury apartments in Concord, N.H.

Peyser Real Estate Group celebrates ribbon-cutting for $55 million Dexter Street Commons

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Ones To Watch: Innovators in CRE - Fabio Malagisi, President at Red Thread

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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

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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

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

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