News: Owners Developers & Managers

Galaxy Development purchases an existing 26,000 s/f building with plans to redevelopment parking, landscaping and building

Galaxy Development of Auburn, is purchasing an existing 26,000 s/f building at the intersection of Sutton Rd. and Cudworth Rd. The building sits on 3 acres of land and is a short walk from the headquarters of MAPFRE Insurance, which employs over 3,000 people. Plans call for the complete redevelopment of the parking areas, landscaping and building. Over half of the space will feature a new and renovated Pure Fitness health club which will benefit from its own parking lot to one side of the building. The other side will include all new storefronts and units directly facing the busy intersection and will be flexible to accommodate retail or office space from 2,000 s/f up to 10,000 s/f or more. The acquisition of this property brings the total of properties Galaxy has developed in the Webster, Oxford, Dudley area to 200,000 s/f. Others projects include the new Price Chopper plaza with Panera Bread and Verizon, Mill Brook Plaza which is home to HR Block, Dollar Tree, Little Caesars Mexicali Fresh Mex Grill and Supercuts, as well as free standing stores Walgreens and Advance Auto all of which are in Webster, Rite Aid in Dudley and several industrial buildings in Oxford. With occupancy of all these projects at 100% Galaxy is excited to bring more opportunity for business to the area.
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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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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

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