News: Owners Developers & Managers

Panasis and Kelley of Brady Sullivan complete 15,071 s/f lease renewal

Brady Sullivan Properties completed multiple long term lease transactions with the United States - GSA. The largest of the transactions was for a renewal at 1750 Elm St. consisting of 15,071 s/f with Social Security Administration (SSA). Charles Panasis and Benjamin Kelley of Brady Sullivan worked with Valerie Pontiff of New England Property Advisors over the span of a year to complete the renewal transaction. SSA has been at the property for over 10 years and has seen the building go through significant changes and upgrades to the common areas and within their space as well. "Brady Sullivan is thrilled that we are able to continue our relationship with this Government Agency, and we look forward to working with them in the future as well" said Panasis, director of commercial real estate at Brady Sullivan. Brady Sullivan also completed a transaction with SSA at their One Wall St. property for 9,967 s/f. Panasis and Kelley worked with Rob Brunton of Studley who represented the GSA. "Brady Sullivan is thrilled to add another government agency to our portfolio of properties" said Panasis.
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Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

A major shift in Connecticut’s environmental law is on the horizon: the state’s Transfer Act will expire next year, ushering in a new cleanup program with broader applicability and new triggers.
New Quonset pier supports small businesses and economic growth - by Steven J. King

New Quonset pier supports small businesses and economic growth - by Steven J. King

Quonset recently celebrated a milestone nearly 70 years in the making when federal, state, and local leaders joined us for the ribbon cutting of the new Terminal 5 Pier and Blue Economy Support Docks at the Port of Davisville.
Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

When it comes to the sale or financing of real property, tenant estoppel certificates are not just formalities – they are crucial documents that confirm the status of existing leases. Tenant estoppel certificates offer prospective buyers and lenders necessary assurance regarding the property’s financials and any
Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

As the commercial real estate market continues to navigate the disruptive forces of rising vacancy rates and increasing operating costs, landlords are under pressure to find new levers to protect income and strengthen asset performance. Amid these challenges, onsite solar and battery storage – particularly when financed through third-party ownership models – are emerging not just as environmental upgrades, but as powerful financial strategies.