News: Owners Developers & Managers

Condyne leases 11,550 s/f to Axis Shield in Norton Commerce Center

Condyne, LLC has executed a 10-year lease with Axis Shield at 15 Commerce Way, in the Norton Commerce Center. This is a relocation for the organization's North American headquarters which currently occupies 4,800 s/f at 10 Commerce Way. Advantage Construction will perform the complete renovation of the new 11,550 s/f space which will include all new offices, conference rooms, a kitchen with new appliances, and an expanded technical support area. Two lab areas will be built-out and the tenant will have 2,600 s/f of storage. The entire space will receive new carpeting, flooring and painting as well as a new ceiling. Axis-Shield is a global invitro diagnostics business with development and manufacturing capabilities and three separate business areas. The company has a Laboratory Division, a Point-of-Care (PoC) division and the distribution businesses of Medinor for the Nordic area and Axis-Shield UK for the United Kingdom.
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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