News: Owners Developers & Managers

CresaPartners' Lowe, Topper and Bannon assist in leases of 20,845 s/f

CresaPartners represented Skyhook Wireless, Inc., Justice Resource Institute, Inc., and Commonwealth Care Alliance in office lease expansions and extensions totaling 20,845 s/f. Commonwealth Care Alliance, a not-for-profit care delivery system that integrates health care and related social support services, has expanded its lease by 9,095 s/f on the 12th floor at 30 Winter St. The company was represented by Rick Lowe and James Topper. Jeff Gates of Colliers Meredith & Grew represented the landlord, John Staunton. Justice Resource Institute, Inc., a not-for-profit human services provider, has extended its lease at 545 Boylston St. The company, represented by Lowe and Topper, will continue to occupy 6,750 s/f on the 7th floor. Jim Brady of Cushman & Wakefield represented the landlord, Westport Point Corporation. Skyhook Wireless, Inc, provider of the Wi-Fi positioning system and the hybrid XPS 2.0 positioning system, has expanded its lease by 5,000 s/f on the 4th floor at 34 Farnsworth St. The company was represented by Lowe and Mike Bannon of CresaPartners. Tom O'Regan of Richards Barry Joyce & Partners represented the landlord, AG/ND Fort Point, LLC.
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WinnCompanies acquires 290-unit housing property - begins $41.5 million rehabilitation

Chicopee, MA WinnCompanies has acquired a 290-unit affordable housing property in western Massachusetts in a deal that renews the community’s expiring affordability protections and kicks off a $41.5 million rehabilitation to address significant deferred maintenance.
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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