News: Owners Developers & Managers

Nery of The Nery Corporation d/b/a Coastal Commercial Real Estate completes sale of 31-33 Middleboro Road for $255,000

The Nery Corporation d/b/a Coastal Commercial Real Estate completed the sale of 31- 33 Middleboro Rd., consisting of a 5,526 s/f commercial building and a single family, 1,324 s/f home on 4.06 acres. This property, a former antique store and liquor store, has frontage on Middleboro Rd. and County Rd. The sellers were REEM Property, LLC and the buyers were Oliveira Brothers Material, LLC. The property was sold for $255,000. The sellers were represented by Lori Nery, CBR, LMS, GRI, vice president of Coastal Commercial Real Estate. Coastal Commercial Real Estate provides complete commercial, industrial, office and retail sales and leasing services throughout Bristol and Plymouth Counties in Massachusetts and Eastern Rhode Island.
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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
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
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