News: Owners Developers & Managers

The Conrad Group signs South Shore Medical Center to 17,500 s/f at Longwater Place

The Conrad Group has recently negotiated a 17,500 s/f office lease at Longwater Place for Foxrock Properties to South Shore Medical Center. Located in Assinippi Park, Longwater Place is a 300,000 s/f complex which offers tenants amenities including a fitness center with showers and locker rooms, a conference center, a full service cafeteria and over 1,100 parking spaces. The new lease was negotiated with South Shore Medical Center for their administrative offices which will serve the brand new adjacent 80,000 s/f medical office headquarters for the practice. According to Robert Conrad, president of The Conrad Group and exclusive agent for Foxrock, "This space enables South Shore Medical Center to house their administrative offices in a strategic location being adjacent to the new clinic. The space was designed by Steffan Bradley and has a very attractive open feel to it." This transaction brings the occupancy level up to 91%.
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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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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
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

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