News: Owners Developers & Managers

Cushman Wakefield reps. Pembroke Real Estate in 9,755 s/f lease

According to Cushman & Wakefield of Mass., Inc., Pembroke Real Estate has signed the law firm of Sheehan Phinney Bass + Green PA as a new tenant at its 255 State St. property. The 10-year lease is for 9,755 s/f. Cushman & Wakefield represented Pembroke Real Estate as the leasing agent and Karen McFarland of Grubb & Ellis represented Sheehan Phinney in the deal. 255 State St. was recently recognized with The Office Building of the Year award for 2008 by BOMA. 255 State St. is a signature class A office building, uniquely connects Boston's waterfront, the Rose Kennedy Greenway and the Financial District. In addition to a prime downtown location, the building provides tenants with sophisticated operating systems, finishes, and unobstructed water and skyline views.
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Land Rover Fairfield leases 6,000 s/f Fairfield industrial property

Fairfield, CT Land Rover Fairfield has leased the industrial property at 55 Webster St. The 6,000 s/f facility is designed to enhance the client delivery experience and accelerate online inventory merchandising. The expansion establishes a benchmark for vehicle reconditioning and digital retail in the region. The lease term is a multiyear with options to renew.
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Columns and Thought Leadership
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
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
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