News: Owners Developers & Managers

Nesson Of Press/Cuozzo Comm'l. appointed exclusive market agent

According to Press/Cuozzo Commercial Services, Joel Nesson, senior advisor at Press/Cuozzo Commercial Services, has been appointed the exclusive marketing agent for the property located at 254 State St. This partially renovated, turn-of-the-century, 5,380 s/f loft-type building is comprised of three floors: first, second and third floors are 2,244 s/f, 1,568 s/f, and 1,568 s/f, respectively. The building has brick and glass exterior and interior features including exposed brick walls and beam ceilings. With access to highways, the property is located within walking distance of a bus line, central business district and downtown restaurants. The area has multiple parking lots and a paying parking lot to the rear of the building as an alternative to street or area garages.
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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
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

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