News: Owners Developers & Managers

Malone Commercial Brokers handled six leases totaling 8,627 s/f

Malone Commercial Brokers recently completed the following transactions: Academy of Developing Artists of Maine has leased 2,376 s/f of office space from Northern Ventures, LLC at 432 Elm St. in Biddeford. Mike Miller completed the transaction. House and Barn Builders has renewed its lease of 4,020 s/f of space from C and N Properties, LLC at 273 Presumpscot St. John Doyon, CCIM, completed the transaction. Ellen, Inc. has purchased 1,500 s/f of newly constructed industrial condo unit from B and L Partners LLC at 585 Riverside St. unit 7. Joe Malone, CCIM, and Marc Fishman of Fishman Realty completed the sale. John Lemon has extended its 425 s/f suite lease for offices at 222 St. John St. Also, Amy Partridge-Barber has extended its 526 s/f lease at the same location. Cowcatcher LLC is the landlord, and the building is managed by East Brown Cow Management. Peter Harrington was the listing broker for both leases. Principal Life Insurance Co. has leased 380 s/f of office space from Soley Wharf LLC at 100 Commercial St. Harrington completed the transaction. Cooper Properties has leased 900 s/f of office space from Ocean Associates LLC at 42 Market St. Harrington completed the transaction.
MORE FROM Owners Developers & Managers

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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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
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
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