News: Owners Developers & Managers

R.J. Finlay completes conversion of 110,000 s/f One Liberty Lane

The Greater Portsmouth Chamber of Commerce and five other Seacoast area chambers used a joint open house recently to unveil to the public the newly renovated One Liberty Lane, a regional business landmark recently transformed into 110,000 s/f of executive office and event space. The event drew nearly 400 members from the chamber business communities in Portsmouth, Hampton, Exeter and Dover. It also drew universal praise for the work Milford real estate investment firm R.J. Finlay & Co. performed converting the former corporate headquarters of Thermo Fisher Scientific into what is now undoubtedly one of the region's premier office, conference and event centers. The event, catered by the Galley Hatch with beverages donated by Smuttynose Brewing Co. and door prizes from a dozen regional businesses, marked the first time since R.J. Finlay & Co.'s acquisition of One Liberty Lane in the spring of 2009 that the building has been unveiled to the public. In the time since that purchase, R.J. Finlay & Co. transformed the facility into more than 80,000 s/f of commercial space, with 50 executive office suites, eight large commercial areas, and 18,000 s/f of conference and event space. One Liberty Lane was designed by the Boston architecture firm of Royal Barry Wills Associates. Built in 1975 the 26-acre private campus, it was first the corporate headquarters for Wheelabrator Technologies, before serving as the home of Fisher Scientific Corporation. When Fisher Scientific and Thermo Electron merged in late 2006, the stately brick building — which also housed a climate-controlled wine cellar, greenhouse and helipad — was no longer needed as a corporate headquarters. R.J. Finlay & Co. has purchased the building looking to harness its extraordinary architecture and well-located setting at the intersection of I-95 and NH Rte. 101 as a magnet both for regional business and special events, from corporate conferences and trade shows to weddings and celebrations.
MORE FROM Owners Developers & Managers

Atlantic Property Management expands facilities maintenance platform: Assigned two new facility management contracts in RI

Boston, MA Atlantic Property Management (APM) has expanded its internal facilities maintenance and operations platform and has been assigned two new facility management contracts in Rhode Island. The properties will undergo redevelopment and repositioning
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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.
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.
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.
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