News: Owners Developers & Managers

Trevor Davis Commercial Real Estate handles $1.8 million sale at Liberty Sq.

According to Trevor Davis, CCIM, of Trevor Davis Commercial Real Estate, LLC, the sale of an office condominium at Liberty Sq., Main St. has been completed. American Library Association purchased the 7,635 s/f of office condo, the entire third floor, from Harding Development Group for $1.8 million. Liberty Sq. is a new mixed-use building located on the corner of Main St. and Liberty St., in downtown. The 22,000 s/f, 3 story building is currently home to It's Only Natural Food Market on the retail floor, with class A office space on 2nd and 3rd floor. Davis represented the tenant, Choice, a division of the American Library Association, and was the sole broker in the transaction. American Library Association is a non-profit corporation and is one of the oldest and largest library association in the world. The site search for Choice lasted over three years since they were determined to find a building of high quality, in a downtown area with parking, and the ability to have their office floor LEED certified.
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Land Rover Fairfield leases 6,000 s/f Fairfield industrial property

Fairfield, CT Land Rover Fairfield has leased the industrial property at 55 Webster St. The 6,000 s/f facility is designed to enhance the client delivery experience and accelerate online inventory merchandising. The expansion establishes a benchmark for vehicle reconditioning and digital retail in the region. The lease term is a multiyear with options to renew.
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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
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
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