News: Owners Developers & Managers

McFarland and Twombly of Avison Young arrange 3,200 s/f lease at 400 Commonwealth Avenue

Avison Young has brokered a 3,200 s/f lease at 400 Commonwealth Ave. Avison Young principal Karyn McFarland and vice president Matt Twombly represented the tenant, The Boston Conservatory, and principal William Catlin, Jr. of Boston Realty Advisors represented the ownership, Back Bay Partners. "The Boston Conservatory has a rich cultural legacy that makes it a great fit for the historical Fenway neighborhood," said McFarland. "We were absolutely delighted and surprised to find such perfect space near our campus that fit exactly what we needed," said Eric Norman, vice president for finance and planning at The Boston Conservatory. 400 Commonwealth Avenue is a seven-story, 107,500 s/f multi-use office and residential condominium building located in the city's Fenway submarket. The Boston Conservatory trains young performing artists for careers that enrich and transform the human experience. Known for its multi-disciplinary environment, the Conservatory offers fully accredited graduate and undergraduate programs in music, dance and theater.
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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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Columns and Thought Leadership
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
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