 (1).png)
News:
Owners Developers & Managers
Posted: October 1, 2008
Tognacci of Phoenix Commercial handles Advocates' $849,000 sale
Advocates Inc., one of the largest social service agencies in the state, has sold its building at 23-27 Hollis St., also known as the Beaumont Building.
The two-story office building, containing 12,000 s/f plus a full basement, had served as Advocates' headquarters and clinical operations for nearly the last 15 years. The agency had moved is corporate offices to One Clarks Hill here in 205 and recently relocated its clinical operations to Chestnut Place at 354 Waverly St.
David Tognacci of Phoenix Commercial Real Estate LLC represented the seller in the $849,000 transaction.
The buyer, Yi Wang, was represented by Michael Seadia of Investment Property Specialists.
MORE FROM Owners Developers & Managers
Atlantic Property Management expands facilities maintenance platform: Assigned two new facility management contracts in RI
Boston, MA Atlantic Property Management (APM) has expanded its internal facilities maintenance and operations platform and has been assigned two new facility management contracts in Rhode Island. The properties will undergo redevelopment and repositioning
 (1).png)
Columns and Thought Leadership
New Quonset pier supports small businesses and economic growth - by Steven J. King
Quonset recently celebrated a milestone nearly 70 years in the making when federal, state, and local leaders joined us for the ribbon cutting of the new Terminal 5 Pier and Blue Economy Support Docks at the Port of Davisville.
Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock
A major shift in Connecticut’s environmental law is on the horizon: the state’s Transfer Act will expire next year, ushering in a new cleanup program with broader applicability and new triggers.
Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan
When it comes to the sale or financing of real property, tenant estoppel certificates are not just formalities – they are crucial documents that confirm the status of existing leases. Tenant estoppel certificates offer prospective buyers and lenders necessary assurance regarding the property’s financials and any
Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson
As the commercial real estate market continues to navigate the disruptive forces of rising vacancy rates and increasing operating costs, landlords are under pressure to find new levers to protect income and strengthen asset performance. Amid these challenges, onsite solar and battery storage – particularly when financed through third-party ownership models – are emerging not just as environmental upgrades, but as powerful financial strategies.