News: Owners Developers & Managers

Knittle and Spencer of Cummings Props. lease 12,500 s/f of lab space to U.S. Genomics at 12 Gill Street

U.S. Genomics has signed a four-year lease for 12,500 s/f of laboratory space at 12 Gill St. U.S. Genomics worked directly with Marc Knittle, Cummings Properties key accounts manager, and Tony Spencer, Cummings Properties leasing property manager, on the lease. According to Knittle, "U.S. Genomics is a perfect fit for this business campus, which houses more than 50 high-technology companies, including Avantra Biosciences, EMD Chemicals, and Life Technologies." Cummings Props. constructed the five-story Gill St. building with high-end finishes, including ribbon windows and a granite and mahogany entrance lobby. Located in a recently upgraded office/research and development park, the building offers 180,000 s/f of office and laboratory space, and is near I-95 and I-93, as well as public transportation.
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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
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