News: Owners Developers & Managers

Conrad and McEvoy of The Conrad Group, Inc. handle 28,465 s/f lease for Foxrock Properties

The Conrad Group, Inc., exclusive leasing agent for Longwater Place, has completed a 28,465 s/f lease to Energy Services Group, Inc. Longwater Place, a two building office complex consisting of 320,000 s/f, is located in Assinippi Park. The property was acquired in 2010 by Foxrock Properties from Warguard Inc., a subsidiary of Aramark Industries. Foxrock Properties renovated the existing 240,000 s/f building and constructed a new 80,000 s/f medical building. Presently the complex is 98% leased. Energy Services Group is relocated from Rockland and was represented by Tom Powers of Jones Lang LaSalle. Bob Conrad and Jim McEvoy of The Conrad Group are the exclusive agents for Foxrock Properties.
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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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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

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