News: Owners Developers & Managers

Carroll, Daniels, Zieja and Demakes of Colliers M&G broker 4 leases

Representing landlord Equity Office, the Colliers Meredith & Grew team of John Carroll III, Matthew Daniels, Elias Demakes and Michael Zieja has negotiated four leases totaling 25,796 s/f at New England Executive Park. TD Banknorth renewed its 7,286 s/f lease at 7 New England Executive Park and was represented by Richard Sahakian of CB Richard Ellis/New England. Expressor Software Corp. signed a 7,269 s/f lease for its headquarters at 1 New England Executive Park and was represented by David Campbell of The Codman Co.  Xinnovation, Inc. and Kelly Services, Inc. also executed leases at 1 New England Executive Park for 6,313 and 4,923 s/f, respectively.  Xinnovation was represented by James Halepis of UGL Equis and Kelly Services was represented by Debra Stevens of The Stevens Group. New England Executive Park is a 10-building office park on 56 acres totaling more than one million s/f of class A office space.  The property is 12 miles from downtown Boston and is close to Rtes. 128, 3 and 93.   Amenities include fitness facilities, food service, day care and on-site management. There are also nearby amenities including restaurants, shopping centers, banking, and hotels.
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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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Columns and Thought Leadership
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

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
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