News: Owners Developers & Managers

Varholak, Friedman and Cohen of Richards Barry Joyce & Partners, LLC represents Keltron in 15,000 s/f

Richards Barry Joyce & Partners, LLC (RBJ&P) has advised Keltron Corp. in a new lease for the company's corporate headquarters at 101a First Ave. Keltron, a manufacturer of life safety event management systems, leased 15,000 s/f of office and R&D space at 101a First Ave. The long-term lease is for space on the building's first and second floors. Keltron is moving from the Waltham Watch Factory (241 Crescent St.), where it had been located for the past 50 years. "Having been in the same location since our founding in 1961, contemplating a corporate move was new territory for us," said David Wilbourn, CEO, Keltron Corp. "The assistance of the Richards Barry Joyce & Partners' team was invaluable. They took the time to understand our business needs, as well as the impact of the move on our company, and provided excellent counsel." Jon Varholak, Ron Friedman and Brian Cohen of RBJ&P represented Keltron Corp. in the transaction. The building's landlord, IRG Waltham Limited Partnership, was represented internally. "After a comprehensive search, we determined that 101a First Ave. best met the needs of Keltron," said Friedman. "The building offers functional space and the flexibility to accommodate Keltron's future growth."
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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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