News: Owners Developers & Managers

McEvoy and Conrad of The Conrad Group arrange $2.975 million acquisition

The Conrad Group recently represented Sealcoating, Inc. in the acquisition of 825 Granite St. Purchased from Coca Cola Refreshments USA, Inc., the facility was long used as a distribution center for Coca Cola. Situated on 9.4 acres of land on the corner of Granite St. and Lundquist Dr., the property is ideally located for any company who needs easy access to Rtes. 128 and 3. Sealcoating, Inc. re-locating from Hingham, where they have been operating for several years. Jim McEvoy, senior vice president of The Conrad Group, said, "825 Granite St. was a perfect match for Sealcoating's long term plans. It offered them the building, the available land and the location they have long desired." McEvoy was assisted by Bob Conrad representing Sealcoating, Inc. while Sean Teague and Jon Vacca represented Coca Cola. According to the Norfolk Registry of Deeds, the sale price was $2.975 million.
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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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