News: Owners Developers & Managers

Monahan and McGrath of Studley rep. Maritz in 36,226 s/f sublease

Maritz Inc., a sales and marketing services company, has subleased 36,226 s/f of class A office space at the Mellon Bank Center located at 1735 Market St. According to leading commercial real estate services firm Studley, the company is relocating from 55,000 s/f of office space within the Wanamaker Building, also on Market St. Studley corporate managing director Timothy Monahan and assistant director Patrick McGrath represented Maritz in the eight-year sublease. Whit Hunter and David Heally of Jones Lang LaSalle represented the sublessor, Mellon Bank. "Maritz's management team was seeking more efficient and profitable Class A office space that could also help the company improve its employee recruiting and retention," said Monahan. "This particular location met all of the company's objectives, proving to be the optimal space for the company's new Philadelphia office."
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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