News: Owners Developers & Managers

DTZ FHO Partners handles 11,421 s/f lease renewal for Matrix Partners

According to DTZ FHO Partners, a leader in the commercial real estate advisory services field with extensive experience in the greater Boston office market, Matrix Partners has agreed to retain its 11,421 s/f office space at the Bay Colony Corporate Center located at 1000 Winter St. "Bay Colony is home to Greater Boston's preeminent venture capital cluster and as a result Matrix Partners has immediate access to talent and resources within its industry," said Brian Hines of DTZ FHO Partners. "Matrix Partners has found its location at Bay Colony to be exceptional and the firm looks forward to continuing its success there." Located on 58-acres and consisting of 980,000 s/f of office space, the Bay Colony Corporate Center is a premier office park overlooking the Cambridge Reservoir and Rte. 128. Bay Colony's amenities including a conference center, tiered auditorium, ample parking, restaurants, dry cleaning services, health club and a convenient shuttle bus service to the Alewife commuter rail station. DTZ FHO Partners represented both the tenant and the landlord. Brian Hines represented Matrix Partners, Inc and the team of Duncan Gratton, Rick Fahey and Sue Donovan represented the landlord, Broadway Partners.
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Healey-Driscoll Administration seeks developer to transform former 72-acre school into 288+ home neighborhood

Lancaster, MA According to the Healey-Driscoll Administration, the Division of Capital Asset Management and Maintenance (DCAMM) has released a Request for Proposals seeking a developer to transform the 72-acre former Lancaster Industrial School for Girls property into a new, walkable neighborhood with at least 288 homes.
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Columns and Thought Leadership
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

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
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

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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