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

Devli Real Estate acquires 118 Rte. 17 North - a 67,000 s/f flex industrial/retail asset

Upper Saddle River, NJ Devli Real Estate completed the acquisition of 118 Rte. 17 North, a 67,000 s/f flex industrial/retail asset situated on 6.3 acres with prime highway frontage. The property is strategically positioned along the Rte. 17 corridor, one of Northern New Jersey’s most active and supply-constrained commercial sub-markets.
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Columns and Thought Leadership
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
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
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
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