News: Owners Developers & Managers

Harris, Letourneau and Jacobs of Redstone complete two sales totaling $730,000

Duncan Harris of Redstone and Ingrid Jackson of Ingrid Jackson Real Estate co-exclusively represented the Frog Hollow Craft Association in the sale of 1 Mill St. 1 Mill St. was the longtime home of the Frog Hollow Craft Center and its educational partner and a historical piece of downtown. Ingrid procured the buyer, Edgewater Gallery. Edgewater Gallery is scheduled to be open by the holidays. The sale price for the property is $310,000 Linda Letourneau and David Jacobs of Redstone were the listing and selling brokers representing Stairs Unlimited in the sale transaction of approximately 7 acres of land and a 24,000 s/f commercial/industrial building located at 484 Hardwood Hill Rd. in Richford, Vt. for $420,000. The purchaser is Maple Mountain Woodworks LLC. The financing was funded by Peoples Trust and Granite State Development Corp.
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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
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
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
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
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