News: Owners Developers & Managers

Mulroy of O'Brien Commercial Properties reps Creative Materials in the purchase of 12 Willow Road

Paul Mulroy of O'Brien Commercial Properties recently represented Creative Materials Inc. in the purchase of 12 Willow Rd. Creative Materials Inc. develops and markets specialty adhesives, coatings and inks. They will be expanding into their new location from Tyngsboro. "This location is an upgrade from their current space and will allow them to expand their business significantly with the extra space, not to mention the building is located on a beautifully private 8 acre site," said Mulroy. "This is an excellent time to purchase property if you are a user because of low per square prices and great interest rates, which Creative Materials took full advantage of." Mulroy recommended that they speak to Mass development which helped finance part of this transaction. Creative Materials will use the next few months to make any changes they have planned for the building before moving into the space in July. Alan Ringuette of The Stubblebine Company represented the seller, Daniels Island LLC.
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.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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

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