News: Owners Developers & Managers

Hughes of New Dover and Tiemann of Coldwell Banker complete $4.5 million sale

Scott Hughes, president of New Dover Associates, Inc. and Christina Tiemann, senior associate of Coldwell Banker Commercial NRT co-brokered the sale of 287 Turnpike Rd., for the purchase price of $4.5 million. 287 Turnpike Rd. is a three story masonry brick office building built in 2001 and totaling 49,848 s/f with many on-site amenities including a fitness center with showers and lockers as well as a spacious kitchen/break room with seating. 287 Turnpike Rd. is conveniently located on Rte. 9, three miles west of I-495 and only one mile east of Rte. 20. Nearby 287 Turnpike Road are many retail stores, restaurants, hotels as well as several golf courses. New Dover Associates, Inc. represented the buyer, Baltic Turnpike, LLC and Coldwell Banker Commercial NRT represented the seller, Westborough Land Realty Trust, in the sale transaction. Baltic Turnpike, LLC has appointed New Dover Associates, Inc. 287 Turnpike Rd.'s new exclusive leasing agent.
MORE FROM Owners Developers & Managers

Colwen Hotels celebrates opening of the first hotel in Portland’s Thompson’s Point - Residence Inn by Marriott and Moxy Hotel

Portland, ME Colwen Hotels celebrated the opening of Residence Inn by Marriott and Moxy Hotel Portland Thompson’s Point, the first hotel in the city’s Thompson’s Point district. Developed by XSS Hotels and managed by Colwen Hotels, the five-story, dual-branded property introduces 148 guestrooms to one of southern Maine’s fastest-growing waterfront destinations.
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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

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