News: Owners Developers & Managers

Quinlan and Berger of SVN | Parsons represent landlord in 7,047 s/f lease

Lowell, MA SVN | Parsons Commercial Group | Boston has completed a 7,047 s/f long-term lease at 59 Lowes Way with Applied Behavior Institute.

Assistant managing director of brokerage, Matthew Quinlan, along with senior advisor, Alex Berger, of SVN | Parsons, represented the landlord, Connector Park Equity Partners, LLC. Senior advisor, Marci Alvarado, also of SVN | Parsons represented the tenant, Applied Behavior Institute (ABI).

ABI provides personalized ABA services to their clients. Headquartered in Worcester, they use ABA to work with people of all ages, developmental differences and community backgrounds to acquire vital living skills and become independent citizens in the modern world. They offer services in the home, in their offices and via telehealth.

The new location re?ects ABI’s plans to offer their services in new markets. According to Alvarado, ABI is planning to expand into many other areas within Massachusetts over the next two years.

“With the addition of this location, they are proud to offer ABA services in Lowell and to communities across the Merrimack Valley. Their Lowell ‘Ready for Life’ center will be conveniently located right off the Lowell Connector. This new center will be their home base in the Merrimack Valley and a resource to families, schools, and other area providers,” Alvarado said.

59 Lowes Way is one of two four-story class A office buildings in Connector Park.

The park is situated on 16.25 acres located along the Rte. 3 Corridor, at the 495 North market. It is located 25 miles northwest of Boston, 19 miles south of the New Hampshire border and within immediate proximity of I-495, Rte. 3 and the Lowell Connector.

MORE FROM Owners Developers & Managers

WinnCompanies acquires 290-unit housing property - begins $41.5 million rehabilitation

Chicopee, MA WinnCompanies has acquired a 290-unit affordable housing property in western Massachusetts in a deal that renews the community’s expiring affordability protections and kicks off a $41.5 million rehabilitation to address significant deferred maintenance.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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