News: Owners Developers & Managers

Grubb & Ellis brokers 27,478 s/f lease renewal at Bay Colony Center

According to Grubb & Ellis Company, a leading real estate services and investment firm, Lionbridge Technologies has renewed their headquarters lease of 27,478 s/f of office space at Bay Colony Corporate Center. Jack Kerrigan, executive vice president, and Steve Cook, senior vice president, both of Grubb & Ellis, represented the tenant, Lionbridge Technologies, one of the leading provider of translation and localization services for global companies. The landlord, Broadway Partners, was represented by Duncan Gratton, Rick Fahey, and Kim Roop, all of DTZ FHO Partners. "Lionbridge has had great success in this location for many years," said Kerrigan, "Grubb & Ellis is extremely pleased to be able to help Lionbridge renew their headquarters lease at Bay Colony Corporate Center, known as one of the premier suburban Boston office parks. It is the ideal location for them to continue their growth within the industry." The Bay Colony Corporate Center is a 58 acre office park on Rte. 128, 10 miles from downtown Boston.
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BGO and Seyon complete acquisition of a 134,413 s/f industrial portfolio

Marlborough, MA BGO, a leading global real estate investment manager, and Seyon, a Boston-based, vertically integrated investor, owner and operator of industrial real estate, have completed the acquisition of a two-building, 134,413 s/f industrial portfolio.
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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

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
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