News: Owners Developers & Managers

The Stubblebine Company represents four tenants in leases totaling 108,150 s/f

The Stubblebine Co. has brokered four long-term leases on behalf of Wynco Distributors, Trainor Trucking, RMA Fitness and Saccos at 1 Burlington Ave., a distribution facility located at the intersection of Rtes. 38, 129, and 62. Wynco, a distributor of custom tiles, leased 19,750 s/f and Trainor, a third party logistics and trucking firm, leased 32,400 s/f, RMA Fitness has leased 20,000 s/f. and Saccos has leased 36,000 s/f. The landlord is Big Joe LLC, an entity controlled by GFI Properties. James, David, Micah Stubblebine and Ellen Garthoff of Stubblebine Co. represented the tenants and landlord in all cases except in the Trainor Trucking transaction where Bruce Levine and David Connelly of CB Richard Ellis represented the landlord. Located close to I-93 and I-95, 1 Burlington Ave. has no vacancies remaining. The Stubblebine Co. has been hired by GFI Props. as leasing agent for the property.
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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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IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

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