News: Owners Developers & Managers

S. Hughes and J. Hughes of New Dover complete two leases - 4,214 s/f

Scott Hughes, president and John Hughes, associate of New Dover Associates, Inc. of Framingham, Mass. represented the property owner, Birchwood Fortune - SPVEF, LLC, as exclusive agent, in two separate lease transactions recently totaling 4,214 s/f at 321 Fortune Blvd. Pain Specialists of New England, P.C. leased 1,664 s/f of office/medical space. VHS Acquisition subsidiary Number 9, Inc. leased an additional 2,550 s/f of office/medical space. New Dover Associates, Inc. was the sole broker in the Pain Specialists of New England, P.C. lease transaction and Kevin Hanna, executive director of Cushman & Wakefield of Mass. was the cooperating broker in the VHS Acquisition Subsidiary Number 9 lease transaction. 321 Fortune Blvd. is a 42,374 s/f, two-story brick office/medical building located within one-half mile from I-495 between exits 19 and 20. New Dover Associates, Inc. is the exclusive leasing agent.
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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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Columns and Thought Leadership
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