News: Owners Developers & Managers

Richards Barry Joyce & Partners arranges 59,970 s/f lease to Clark Cutler McDermott Co.

Richards Barry Joyce & Partners, LLC (RBJ&P) represented Clark Cutler McDermott Co. (CCMcD) in a 59,970 s/f, long-term lease renewal at 130 Constitution Blvd. CCMcD leases the entire building at 130 Constitution Blvd., which is part of the Franklin Industrial Park. The location serves as the company's primary warehouse location. CCMcD is headquartered at 5 Fisher St., where it has been located since its founding in 1911. The building serves as a critical site for the company's overall manufacturing process in town by providing warehouse and staging for material and finished goods. "Clark Cutler McDermott has been a presence in the Franklin area for more than a century," said John Lashar, partner, RBJ&P. "It's terrific to work with a company with such longevity and strong local roots." RBJ&P also represented the building's landlord. John Lashar and Paul Leone of RBJ&P were the sole brokers in the transaction. The team was also involved with the initial lease transaction at the property five years ago.
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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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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
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

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