News: Owners Developers & Managers

Hawkins and Connolly of CBRE/New England arrange 10,470 s/f lease to VNA Care Network

On behalf of Symes, a leader in residential and commercial development, construction and property management, CBRE/New England completed a new lease at 199 Rosewood Dr. located within Northwoods Business Park. VNA Care Network, a nonprofit created by some of the oldest home healthcare and hospice agencies in Massachusetts, will occupy 10,470 s/f at the building in July. CBRE/NE's Kerry Olson Hawkins, first vice president, and David Connolly, senior vice president/partner, represented the landlord. Mohr Partners' Glenn Rhuda represented the tenant. "199 Rosewood Dr. has many excellent qualities that appeal to a wide variety of users," said Hawkins. "The property's setting within one of the North Shore's most prominent office parks, coupled with its convenient location at the junction of Rtes. 114, 1 and I-95, makes 199 Rosewood Dr. a very attractive option in this submarket. We are thrilled that VNA Care Network has decided to bring their operations to Northwoods Business Park." Situated within Northwoods Business Park, 199 Rosewood Dr. features an attractive park setting, immediate access to major roadways, and proximity to numerous restaurants, hotels and retail amenities. Space features include efficient floor plates, high ceiling heights and extensive window lines. 199 Rosewood Dr. is undergoing a major capital improvement program, including a new HVAC system, an upscale lounge and lobby renovations, updated restrooms, landscaping improvements and a new on-site fitness area with showers and lockers. Corporate neighbors include MetLife, Copyright Clearance Center, RBC Financial Group and Janney Montgomery Scott.
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Atlantic Property Management expands facilities maintenance platform: Assigned two new facility management contracts in RI

Boston, MA Atlantic Property Management (APM) has expanded its internal facilities maintenance and operations platform and has been assigned two new facility management contracts in Rhode Island. The properties will undergo redevelopment and repositioning
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Columns and Thought Leadership
Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

When it comes to the sale or financing of real property, tenant estoppel certificates are not just formalities – they are crucial documents that confirm the status of existing leases. Tenant estoppel certificates offer prospective buyers and lenders necessary assurance regarding the property’s financials and any
Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

A major shift in Connecticut’s environmental law is on the horizon: the state’s Transfer Act will expire next year, ushering in a new cleanup program with broader applicability and new triggers.
New Quonset pier supports small businesses and economic growth - by Steven J. King

New Quonset pier supports small businesses and economic growth - by Steven J. King

Quonset recently celebrated a milestone nearly 70 years in the making when federal, state, and local leaders joined us for the ribbon cutting of the new Terminal 5 Pier and Blue Economy Support Docks at the Port of Davisville.
Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

As the commercial real estate market continues to navigate the disruptive forces of rising vacancy rates and increasing operating costs, landlords are under pressure to find new levers to protect income and strengthen asset performance. Amid these challenges, onsite solar and battery storage – particularly when financed through third-party ownership models – are emerging not just as environmental upgrades, but as powerful financial strategies.