News: Owners Developers & Managers

JLL's Thompson and Richardson handle 40,000 s/f office lease

Energi Insurance Services, Inc. has leased an additional 40,000 s/f of first class office space at 10 Centennial Dr. in Centennial Park. The renewal and expansion space on the second floor will continue to serve as Energi's world headquarters. JLL managing director Tamie Thompson and senior vice president Peter Richardson negotiated on behalf of the tenant. Torin Taylor, executive director at Cushman & Wakefield, represented the building owner CHB Properties, Inc. "With this renewal and expansion, Energi is well positioned for the future," said Patricia Boudrot, senior vice president operations, Energi, Inc. "We are delighted to continue our partnership with CHB Properties. They are a committed, attentive, and long-term owner of the building. JLL provided us with multiple options in the marketplace. Renewing and expanding here at Centennial Park is clearly our best option." "JLL is proud to work on behalf of Energi," said Richardson. "This is a time of exponential growth for the company who will be hiring over 200 people in Peabody. We are happy to be a strategic partner in their real estate planning. The building serves them well with its large floor plates, abundant parking and amenities. It provides the perfect environment for collaboration, and is an expression of their corporate culture." Located just off Rte. 128 near the Rte. 1 interchange, 10 Centennial Dr. is located at prestigious Centennial Park, a 307-acre business campus which has highway access, directly off Exit 28 at the junction of Rte. 128 and I-95 just two minutes from Rte. 1. Numerous industrial leaders call Centennial Park home including: Boston Children's Hospital, Analogic, Converge, Cardinal Health, Fresinius Medical Care, The Musculoskeletal Center, and Thermo Fisher Scientific.
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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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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.
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.
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.