News:
Spotlight Content
Posted: May 12, 2011
Colebrook Realty and SullivanHayes Co. broker 1.72 acre ground lease
Colebrook Realty Services, Inc. brokered a long-term ground lease of nearly 1.72 acres on behalf of O'Connell Development to CVS/pharmacy. The site, located at the corner of Lower Westfield Rd. and Whiting Farm Rd., will feature a CVS/pharmacy retail drugstore with drive-thru pharmacy window service. The tenant plans to reuse the existing building. Construction is scheduled to begin this summer with a planned store opening in early 2012.
Mitch Bolotin, vice president of Colebrook Realty Services, Inc., represented the landlord, O'Connell Development Group.
"We're pleased by Colebrook's success in finding the highest and best re-use for this property in a very difficult economic climate," said Andrew Crystal, LEED AP and vice president of O'Connell Development Group.
CVS/pharmacy was represented by Brian Knowles of Farmington, Conn.-based SullivanHayes Companies.
Tags:
Spotlight Content
MORE FROM Spotlight Content
Property Management & Operations Spotlight - Ellis Realty Advisors
1. What do you see as the most important qualities or strategies that define successful property management in today’s market? For us, it really comes down to whether the property is working for the owner goals, not just whether
 (1).gif)
Quick Hits
Columns and Thought Leadership
As legacy names recalibrate, new entrants are moving in with fresh capital, new technologies, and business models tailored to today’s supply-chain needs - by Michael Harrington
Southern New Hampshire’s industrial market has always punched above its weight. For decades, the region has attracted a mix of advanced manufacturing, beverage and food producers, logistics operators, and specialty
How do we manage our businesses in a climate of uncertainty? - by David O'Sullivan
These are uncertain times for the home building industry. We have the threat of tariffs mixed with high interest rates and lenders nervous about the market. Every professional, whether builder, broker, or architect, asks themselves, how do we manage our business in today’s climate? We all strive not just to succeed, but
Limited supply fuels landlord‑friendly conditions in Rhode Island’s industrial market - by Julie Freshman and George Paskalis
As we enter the spring of 2026, the Rhode Island industrial real estate market stands on stable footing, following several years of resilience fueled by constrained supply, steady demand, and dynamic economic conditions.
Shallow-bay wins on 495/128: A renewal-driven market with a thin pipeline - by Nate Nickerson
The Boston industrial market entered mid-2025 in a bifurcated state. Large-block vacancy remains elevated, while shallow-bay along the 495/128 corridor continues to prove resilient. Fieldstone’s focus on this geography positions us squarely in the middle of a renewal-driven, supply-constrained
