News: Owners Developers & Managers

Connolly and Hawkins of CB Richard Ellis - N.E. broker 7,536 s/f lease expansion for Oasis Northwoods LLC

On behalf of Oasis Northwoods LLC, CB Richard Ellis - N.E. Partners, LP (CBRE/NE) completed a new lease expansion at The Tower at Northwoods at 222 Rosewood Dr. Coastal CapitalCorp., a privately owned private wealth manager, expanded into 7,536 s/f at the property. As exclusive leasing agent for the asset, CBRE/NE's David Connolly, senior vice president/partner, and Kerry Olson Hawkins, first vice president represented the landlord. The Simard Company represented the tenant. "We are pleased to accommodate Coastal Capital Corporation's growth at The Tower at Northwoods," said Connolly. "The building, situated at the junction of Rte. 114 and Rte. 1, is the tallest office tower north of Boston and features expansive views, immediate access to major roadways, and proximity to an array of first-class amenities." Built in 1990, The Tower at Northwoods offers approximately 184,000 s/f of superior office space. This unique 11-story class A office building is the tallest high-rise office tower in Boston's North Shore region and is ideally situated less than one mile from both I-95 and Rte. 1. The Tower at Northwoods is only 20 miles north of Boston and caters to North Shore executives seeking both prominence and convenience in their office location.
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BGO and Seyon complete acquisition of a 134,413 s/f industrial portfolio

Marlborough, MA BGO, a leading global real estate investment manager, and Seyon, a Boston-based, vertically integrated investor, owner and operator of industrial real estate, have completed the acquisition of a two-building, 134,413 s/f industrial portfolio.
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Columns and Thought Leadership
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
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
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
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