News: Owners Developers & Managers

Davis of Trevor Davis Commercial Real Estate, LLC completes two sales totaling $549,000

Trevor Davis Commercial Real Estate, LLC has completed the following commercial property sales: * Trevor Davis, CCIM, of Trevor Davis Commercial completed the sale of 93-97 Broad St. The buyer, Opportunity Real Estate Equities, LLC, purchased the building, totaling 4,444 s/f, for $172,000. The price was adjusted due to damage from the hurricane. Davis represented the seller, the American National Red Cross and RE/Max MarketPlace represented the buyer. * Davis completed the sale of 80 East Main St. The buyer, Abarientos Middletown Real Estate, LLC, purchased the building, totaling 6,084 s/f, for $377,000. The buyer will use the top floor for a medical office. Davis was the only broker in the transaction. Trevor Davis Commercial provides customers with a full range of commercial real estate services, including property management. They help users, owners and investors of commercial (office, industrial, and retail) real estate by saving clients' money and time in their transactions, tax strategies and specialized consulting and research needs. Trevor Davis, CCIM, has over 30 years of experience in commercial real estate in central Connecticut.
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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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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

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
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