News: Owners Developers & Managers

Legacy Real Estate executes 2 new leases at The Heritage Bldg.

Legacy Real Estate Ventures recently executed leases with two new tenants at The Heritage Building at 607 Pleasant St. Stephen Saraiva of LPL Financial Services will be offering financial planning services at the property. Abodeely Insurance of Worcester has also opened up a regional office at 607 Pleasant St. Abodeely was represented by David Goodhue of Colliers Meredith & Grew, who is also the exclusive broker for the property. In an additional transaction, Harbor One Credit Union, a major tenant at the property, expanded it's occupancy in the building. Currently the 12,700 s/f building is 47% occupied, with 6,700 s/f available for lease. The remaining space consists of offices and meeting spaces with a high level of finish and separate entrances. Various size office configurations can be set up to meet a range of tenant requirements. The property offers abundant parking, a serene environment and individual identity and signage opportunities. Michael L. Price, Legacy's principal said, "We are pleased with the leasing momentum established at this property which has become a fine space alternative in the Attleboro/Route 95 South market". The property was purchased by Legacy Real Estate Ventures in January, 2008, on a sale leaseback basis from Nations Heritage Federal Credit Union who was later acquired by Harbor One Credit Union. Based in Waltham, Legacy Real Estate Ventures invests in commercial properties up to $10 million in value throughout Massachusetts and Rhode Island.
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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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