News: Owners Developers & Managers

Krysiak of Grubb & Ellis reps On-Q-ity in 17,701 s/f office/lab lease

Grubb & Ellis Company represented On-Q-ity in its lease of 17,701 s/f of office and lab space at 610 Lincoln St. from Hobbs Brook Management. The lease represents an expansion for the oncology diagnostics company, which is relocating from One Kendall Square in Cambridge. "With the help of the Grubb & Ellis team, we were able to find off-market space that was the best possible fit," said Daniel Paterson, chief operating officer of On-Q-ity. The expansion comes as a result of significant growth for the company, which recently announced that it has raised $21 million in Series A funding for the development of technologies to personalize cancer therapy. Dan Krysiak, associate vice president, Office Group, represented On-Q-ity in the transaction. Chip Batchelder and Bob Borgman of Wyman Street Associates represented Hobbs Brook Management.
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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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IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

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