News: Owners Developers & Managers

Quinn of Parsons Commercial Group, Inc. brokers 7,500 s/f lease to Fallon Ambulance Service

Garrett Quinn of Parsons Commercial Group, Inc. recently represented Fallon Ambulance Service in a new lease for 7,500 s/f at 250 Eliot St. "The central location at 250 Eliot St., just off of Rte. 126 is ideal for Fallon Ambulance in serving new and current contracts throughout Metrowest," said Quinn. Quinn represented both Fallon Ambulance and the building owner, Ledgemere LLC. 250 Eliot is located within Ledgemere Park, a 245,000 s/f office park that is centrally located off Rte. 126. The park is in the middle of an influx of routes creating a middle access point to all target demographics. Routes within a 5-mile radius of the park include 30, 135, 9, 16 and Mass Pike. "There has been a tremendous amount of activity in this park as tenants are seeking the quality rates, access to MetroWest and access to the amenities nearby. We have leased over 20,000 s/f just in the last 3 months," said Quinn. "We are still seeking more tenants specifically office or high tech. We have the perfect opportunity for start-up companies looking for "think tank" type of space."
MORE FROM Owners Developers & Managers

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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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
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

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