News: Owners Developers & Managers

Teague and McGovern of Cassidy Turley broker 75,218 s/f lease on behalf of the landlord, CommonWealth REIT

Cassidy Turley has leased 75,218 s/f to Samsonite at 575 West St. for a renewal and expansion lease term of five years. Senior managing director, principal Sean Teague and associate Kate McGovern represented the landlord, CommonWealth REIT while Tom Kent and Sean Lynch of Jones Lang LaSalle represented Samsonite. 575 West St. is managed by Reit Management & Research LLC, Real Estate Services. 575 West St. is a two-story, 169,432 s/f office building. It is part of The Campus at Cabot Business Park, a three building, 41 acre site totaling 384,245 s/f (formerly the Motorola Campus). CommonWealth REIT (CWH) is a real estate investment trust, which primarily owns office buildings located throughout the United States. As of September 30th, CWH owned $5.6 billion of office buildings located in central business districts, or CBDs, and suburban areas of major metropolitan markets. CWH is headquartered in Newton, Massachusetts. Reit Management & Research LLC, Real Estate Services, also headquartered in Newton, Massachusetts, manages more than 98 million-square-feet of commercial office, industrial, and medical office buildings across the country. Cassidy Turley is a leading commercial real estate services provider with more than 3,800 professionals in more than 60 offices nationwide. With headquarters in Washington, DC, the company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $22 billion in 2012, manages approximately 400 million s/f on behalf of institutional, corporate and private clients and supports more than 23,000 domestic corporate services locations.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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
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
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
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