News: Owners Developers & Managers

Dauria, Gurtler and Cohn of Jones Lang LaSalle represent Equity Office in 87,875 s/f lease

Technology media company TechTarget, Inc. has signed a lease for 87,875 s/f of first class office space in Building 1 at Riverside Center. The three floors will serve as the company's world headquarters. Occupancy is scheduled for early 2010. TechTarget is relocating from 117 Kendrick St. in Needham. Jones Lang LaSalle managing director Alex Dauria, senior vice president Keith Gurtler and Associate Brendan Cohn negotiated the long-term lease representing owner Equity Office Properties. Colliers Meredith & Grew executive vice president Jim Elcock and vice president Elias Demakes represented TechTarget. Specifics of the lease transaction were not disclosed. Riverside Center is a 500,000 s/f suburban office campus adjacent to Riverside Station. It combines modern construction and easy access in an amenities rich location. The center is highly visible at the crossroads of the Mass Pike and Rte. 128, and set off the road on Grove St. Three high-performance buildings are connected by a sweeping four-story glass atrium that extends the length of the main building. The grand foyer provides a streetscape setting with Rebecca's Café, bistro style seating, a central water feature and a fitness center. There is underground, structured and surface parking for more than 1,500 over cars. Other Riverside Corporate Center tenants include: McKesson Corporation, Rocket Software, Harvard Vanguard Medical Associates, UGL Unicco and Regus Business Centers.
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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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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

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
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
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