News: Owners Developers & Managers

Gilbane completes 100,000 s/f project for Cengage Learning at Channel Center

Gilbane, a full-service construction and real estate development company, completed the fast-track 100,000 s/f interior office space project in a record time of 60 days. At its construction peak, 175 people worked on the project at one time, putting in 60 hours of work per week. Cengage Learning chose Gilbane as construction manager for its office expansion and relocation to its new office space at Channel Center St. Channel Center is owned by Channel Center Holdings VAF LLC, a joint venture of an affiliate of Commonwealth Ventures and GEAM Value Add Realty Partners, as advised by GE Asset Management, exclusive real estate advisor to the General Electric Pension Trust. TRO Jung|Brannen served as project architect. Cengage Learning's leasing agent for the project was John Hennessey and CB Richard Ellis was the leasing agent for Commonwealth Ventures.
MORE FROM Owners Developers & Managers

WinnCompanies acquires 290-unit housing property - begins $41.5 million rehabilitation

Chicopee, MA WinnCompanies has acquired a 290-unit affordable housing property in western Massachusetts in a deal that renews the community’s expiring affordability protections and kicks off a $41.5 million rehabilitation to address significant deferred maintenance.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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

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
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