News: Owners Developers & Managers

Reardon and Borden of CBRE/ New England represent Electric Supply Center in 135,000 s/f lease

According to CBRE/ New England, Electric Supply Center (ESC), the regions leading distributor of electrical equipment and supplies, leased 135,000 s/f at 205 Wildwood Ave. Slated to open this spring, ESC's CDC will be the hub of all delivery orders, receiving and will call. While all other branches will remain fully functioning, the new location will allow for the distribution of a larger array of product and for ESC to serve more customers. CBRE/NE's Mark Reardon and Jake Borden represented ESC in the transaction with Dave Capobianco and Torin Taylor representing the landlord. "The growth we've seen as a company is a direct result of the hard work and dedication the staff has put into ESC," said ESC Ppresident, Larry LaFreniere. "Over the past two years we have doubled in size and our customer base has expanded all across New England." The CDC will offer 12 loading dock doors and a pick up area. All deliveries will be received and shipped from the 205 Wildwood Ave. location, including same days, early mornings and late nights. "When looking for a location we wanted to make sure that we were conveniently located near both 93 and 128, which made Woburn an ideal spot," said LaFreniere. "Opening the CDC will allow us to focus on our delivery service and bringing in more of the products our customers need."
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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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