News: Owners Developers & Managers

Jones Lang LaSalle closes $2 million sale of 98 George P. Hassett Drive

Jones Lang LaSalle (JLL) has closed the sale of 98 George P. Hassett Dr. on behalf of seller Springstep Foundation, Inc. The modern 16,308 s/f first class office building was purchased by Chesterton Capital, LLC for $2 million. Executive vice president Ted Wheatley and senior vice president Dan Kollar led the JLL team. Chesterton Capital was represented by NAI Hunneman executive vice president and principal Trey Agnew and senior vice president Scott Dragos. The four-story building with covered parking is located at the intersection of Rte. 60 and I-93 in Medford Sq. across from Medford City Hall. It features quality finishes, cutting edge architecture, a glass façade, and an abundance of natural light. Constructed in 2003, it was originally used as a community cultural center, and the buyer is considering converting into a mixed-use office and retail facility.
MORE FROM Owners Developers & Managers

ReVision Energy recognized as the No. 1 Solar + Storage Installer in New England

South Portland, ME ReVision Energy, the employee-owned renewable energy company founded in 2003, has been recognized as the No. 1 Solar + Storage Installer in New England and No. 13 on Solar Power World’s 2026 Top Solar + Storage Installers list nationwide
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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
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