News: Owners Developers & Managers

NAI The Dunham Group arranges 10,082 s/f in three lease transactions

NAI The Dunham Group completed the following transactions recently: *Serendipity Salon leased 1,750 s/f of retail space at 625 Bridgton Rd. from White Bear Properties. Chris Craig from NAI The Dunham Group and Ed Herczeg from KW Commercial brokered the lease. *Harpswell Capital Management leased 3,532 s/f of office space at 2 Monument Sq. in Portland from 800 Northern Corp. Thomas Moulton, CCIM, SIOR and Craig brokered the lease. *Surveillance Specialties, LTD leased 4,800 s/f of mixed-use space at 4 Thomas Dr. in Westbrook from Millennium Development, LLC. Greg Hastings, SIOR from NAI The Dunham Group and Dan Greenstein from CBRE The Boulos Company brokered the lease.
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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
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
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