News: Owners Developers & Managers

Lincoln Property Company negotiates 11,222 s/f lease for Doble Engineering

Lincoln Property Company has negotiated a 11,222 s/f office lease on behalf of Doble Engineering, Inc. Lincoln's vice president, Tim Latham and Kevin Malloy, formally a senior vice president at Lincoln, represented the tenant, Doble Engineering. Rick Putprush, managing director, senior associates Victor Galvani and Matt Morgan of Parsons Commercial Group represented the landlord, Ferris Development. Now in 110 countries, Doble Engineering helps clients in the electric power industry improve operations and optimize system performance. The 85 year old firm required additional expansion space, as they relocated from within Marlborough. According to the firm's broker, Tim Latham, "after an extensive search, we were able to locate a facility which was a step-up in quality over their existing building and still offered substantial economic savings. Special thanks are deserved to the ownership at 325 Donald Lynch Boulevard and Parsons Commercial's Group who helped facilitate a quick transaction." About Lincoln Property Company: The Boston office of Lincoln Property Company, a national commercial real estate company, provides brokerage, investment sales, property management, appraisal/valuation and development and project management services to a wide range of clients. In Massachusetts alone, Lincoln Property manages over 10 million square feet of commercial space and is responsible for leasing millions of square feet of space every year.
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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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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
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

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