News: Owners Developers & Managers

The Shaffer Co. represents Flexion in 11,756 s/f headquarters relocation; Avison Young represents owner, Boston Properties

Flexion Therapeutics, a developer of innovative therapeutics for musculoskeletal disorders, has relocated its corporate headquarters to 10 Burlington Mall Rd., owned by Boston Properties. In a substantial expansion, Flexion is moving from 300 Trade Center in Woburn. The company leased 11,754 s/f of office space in the 58,558 s/f building, which is owned by Boston Properties. Terms of the deal were not disclosed. Flexion is developing three novel drug candidates, each of which represents a distinct mechanism of action. Together, these products have the potential to treat mild, moderate and severe forms of osteoarthritis and to slow disease progression. The Shaffer Company represented Flexion while Avison Young represented Boston Properties.
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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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The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

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