News: Owners Developers & Managers

Donovan of DTZ FHO Ptrs. reps. Broadway Ptrs. in 5,855 s/f lease

Mass. Life Sciences Center (MLSC), a quasi-public agency tasked with implementing the state's $1 billion life sciences initiative, will lease 5,855 s/f of office space for its headquarters at the Bay Colony Corp. Center office campus located along Rte. 128. "With the continuing trend of biotechnology and other life sciences companies moving to the Boston suburbs, Bay Colony allows the MLSC to be strategically situated within the emerging suburban life sciences hub and have access to industry stakeholders across the Commonwealth," said Mark Roopenian, VP of leasing and asset management of Broadway Ptrs. Consisting of 968,831 s/f of office space, the center is on 58 acres. The MLSC headquarters will be at 1000 Winter St. Broadway Ptrs. recently reinvested $1 million to complete renovations. Sue Donovan, senior VP of DTZ FHO Partners, represented the landlord. Peter McDonald of McDonald Real Estate Ventures represented MLSC.
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Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

When it comes to the sale or financing of real property, tenant estoppel certificates are not just formalities – they are crucial documents that confirm the status of existing leases. Tenant estoppel certificates offer prospective buyers and lenders necessary assurance regarding the property’s financials and any
Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

As the commercial real estate market continues to navigate the disruptive forces of rising vacancy rates and increasing operating costs, landlords are under pressure to find new levers to protect income and strengthen asset performance. Amid these challenges, onsite solar and battery storage – particularly when financed through third-party ownership models – are emerging not just as environmental upgrades, but as powerful financial strategies.
New Quonset pier supports small businesses and economic growth - by Steven J. King

New Quonset pier supports small businesses and economic growth - by Steven J. King

Quonset recently celebrated a milestone nearly 70 years in the making when federal, state, and local leaders joined us for the ribbon cutting of the new Terminal 5 Pier and Blue Economy Support Docks at the Port of Davisville.
Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

A major shift in Connecticut’s environmental law is on the horizon: the state’s Transfer Act will expire next year, ushering in a new cleanup program with broader applicability and new triggers.