News: Owners Developers & Managers

Richards Barry Joyce & Partners reps Intercontinental in 88,930 s/f lease

Richards Barry Joyce & Partners has represented Intercontinental R.E. Corp. in an 88,930 s/f lease with ImmunoGen, Inc. at 830 Winter St. 830 Winter St. is comprised of 182,106 s/f and ImmunoGen will occupy office and laboratory space on three floors. ImmunoGen will be moving to Waltham from its headquarters in East Cambridge. "830 Winter St. is one of the top laboratory facilities in the Greater Boston suburbs," said Thomas Taranto, director, head of asset and portfolio management at Intercontinental. Jon Varholak, Michael Frisoli and Ron Friedman of RBJ represented Intercontinental. Roy Hirshland and Mike Shreve of T3 Advisors represented ImmunoGen. "Boston's suburbs continue to attract biotechnology companies, with Waltham and Lexington at the forefront of this trend," said Varholak, partner, RBJ. "The scarcity of opportunitiesin Cambridge, which was created by the tremendous growth of Boston as a hub of biotechnology, has helped fuel the growth of biotech in the suburbs."
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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
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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
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.