News: Owners Developers & Managers

Lowe and Leitner of Cresa Boston negotiate two new leases at 260 Franklin Street

Rick Lowe and Brandon Leitner of Cresa Boston recently represented TFC Financial Management and Donnelly Conroy & Gelhaar, LLP in two separate office leases totaling 13,984 s/f in the city's Financial District. Both companies are relocating to 260 Franklin St. Donnelly, Conroy & Gelhaar, LLP, a law firm that concentrates its practice in business litigation, white-collar criminal defense, securities enforcement litigation, and employment law, is relocating its headquarters from its One Beacon St. address. The firm will occupy 7,200 s/f on a portion of the 16th floor of the 23-story, 367,842 s/f, class A office building. The company's move is slated for September. TFC Financial Management, an independent financial management firm that offers financial solutions in the New England area, will occupy 6,784 s/f on a portion of the 18th floor in the same building. The company is currently located at 30 Federal St. Cresa's project management group will oversee the construction and move-in for the company, slated for completion in June. In both transactions, the landlord, Heitman Capital Management, was represented by Tom O'Regan, Brad McGill, and Dan Cavanaugh of Jones Lang LaSalle. Cresa LLC, the nation's largest corporate real estate advisory firm exclusively representing tenants, is headquartered in Boston. Lowe, head of the Downtown group, and Leitner are part of Cresa Boston's Downtown market team, which also includes Matt Harvey, Derek Losi, and Jon Vacca. Cresa is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Strategic Planning, Workforce and Location Planning, Subleases and Dispositions, Portfolio / Lease Administration, Capital Markets, Sustainability, Industrial / Supply Chain, and Facilities Management. With almost 60 offices, Cresa is the largest tenant representation firm in North America.
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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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