News: Owners Developers & Managers

Conrad, McEvoy and McCourt of The Conrad Group broker $5.675 million in sales

The Conrad Group has negotiated the sale of two properties in Libbey Park. One property is 200 Libbey Parkway which consists of a 60,000 s/f industrial building situated on 4 acres of land. The other property is the 26,000 s/f Planet Fitness building located at the corner of Libbey Parkway at 944 Middle St. The new owner, Foxrock Properties does not plan any changes to the properties but rather wanted to add to its existing portfolio of Libbey Park buildings which already includes 90 and 97 Libbey Parkway. Bob Conrad of The Conrad Group represented the buyer in both transactions while Jim McEvoy, senior vice president of The Conrad Group and Paul McCourt, senior vice president of The Conrad Group represented the two sellers, respectively. According to the Norfolk Registry of Deeds, the sales prices amounted to $5.675 million.
MORE FROM Owners Developers & Managers

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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IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

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