News: Owners Developers & Managers

O'Brien of Greater Boston Commercial Properties arranges 9,431 s/f lease

Bret O'Brien of Greater Boston Commercial Properties (GBCP) recently leased 9,431 s/f at 34 Hayden Rowe. The tenant Snowjam was represented by Rick Kaplan of RE/MAX Executive Realty Commercial Division. Snowjam will use the space for warehouse distribution of Snowboards and related products. Snowjam is a Canadian based company, who is expanding its local operations from a smaller space located on Eliot St. in Ashland. Also, O'Brien and Benjamin Gatti of GBCP recently brokered four new office leases totaling 8,288 s/f at 65 Boston Post Rd. in Marlborough, where they are the exclusive leasing agent. Despite a relatively flat office market along Rte. 495, GBCP has managed to heat things up this summer at the Marlborough Executive Park, which is a 52,500 s/f three story office building. All four tenants are direct deals procured by Gatti, associate at GBCP. Advans IT Services, Inc. has leased 4,216 s/f on the third floor. The landlord, Boston Post Road Building 65, LLC, an affiliate of Rosewood Management Corp., is providing a "turnkey" build out that will serve the companies needs for many years to come. The Visiting Nurse Association of New England leased 1,713 s/f of space on the third floor. Workbeast a technology staffing company leased 1,236 s/f on the first floor. Northern Benefits an employee benefits company leased 1,123 s/f on the first floor.,
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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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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

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