News: Owners Developers & Managers

GBREB hires Diversified Proj. Mgmt. to relocate its new 10,795 s/f HQ

Greater Boston Real Estate Board, a leading advocate for the real estate industry on behalf of its more than 8,000 members, has retained Diversified Project Management to manage the relocation of its offices to a new 10,795 s/f headquarters at One Center Plaza. Gregory Vasil, CEO of GBREB, saod, "Our 11 Beacon St. address has been our signature location for a long time. However, the current market conditions provided us a great opportunity to find a new home that will provide more meeting space for our members. Everyone involved in our search for new space did a great job. We're looking forward to moving to our new quarters in January." Peter Farnum and Will Foley of FHO Partners represented GBREB in the transaction. William Collins, III and Patrick Nugent of Jones Lang LaSalle represented the landlord, Equity Office Properties. One Center Plaza, which is part of the 1-2-3 Center Plaza building. Centrally located, the building is on Cambridge St. in Government Center. The property overlooks City Hall Plaza and is minutes from all four of the city's subway lines. "We're very excited that one of the real estate industry's leading organizations has selected us for this project," said Bob Keeley, president of Diversified Project Management. The nine-story buildings consist of 650,400 square feet of office space. About Diversified Project Management Diversified Project Management, located in Newton, MA, Hartford and Stamford, CT, is an independent Owner's Representative consulting company that specializes in programming, project management, construction administration, FF&E coordination and move-planning services for corporate, education, healthcare, manufacturing and biotech clients' construction, renovation and relocation projects. For more information, please visit www.dpm-inc.com About FHO Partners FHO Partners is a commercial real estate firm offering a full range of brokerage, consulting, strategic planning, research, lease administration, marketing, lease auditing, lease portfolio and transaction management services for corporate and institutional clients alike. The senior partners of the firm have worked together for over 20 years providing customized advisory consulting and brokerage services to an extensive range of corporate and institutional clients, both locally and on a national and international basis. For more information, visit www.fhopartners.com or call 617-279-4555.
MORE FROM Owners Developers & Managers

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.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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

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