News: Owners Developers & Managers

Cassidy Turley completes two new leases at One Adams Place

Cassidy Turley has leased 9,943 s/f to Dellbrook Construction at One Adams Place, for a lease term of five years. Senior managing director, principal Sean Teague and associate Kate McGovern represented the landlord, CommonWealth REIT, while Stephen Woelfel of Cushman & Wakefield represented the tenant in this transaction. Also, Cassidy Turley leased 7,195 s/f to Grossman Companies, Inc. at One Adams Place, for a lease term of five years. Teague and McGovern represented the landlord, CommonWealth REIT, while Michael Olson of Grossman Companies represented his company in this transaction. One Adams Place is managed by Reit Management & Research LLC, Real Estate Services. Constructed in 1986 and renovated in 2004, One Adams Place is a five story 124,777 s/f class A office building. The building's exterior is attractive polished granite and its large floor plates are designed for functionality and flexibility. The floor plates are approximately 25,000 s/f with Walker Duct Systems built into the floors. These features make the building ideal for both a corporate headquarters and back office use. Amenities within Adams Place include a full service cafeteria, daycare center, onsite property management and jogging trails in the adjacent Blue Hills Reservation. Hyatt Place and the Boston Marriott Quincy Hotel are located minutes away. Both are full service hotels offering conference and dining facilities. The South Shore Plaza is a half mile away with over 180 retail shops and restaurants and downtown Boston is located less than 10 miles to the north.
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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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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.
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
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.
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.