News: Owners Developers & Managers

VertitechIT upgrades to 3,557 s/f at Open Square

According to John Aubin and VertitechIT, the company has established VertitechIT's new headquarters at Open Square. The national IT networking and consulting firm is moving to a new, customdesigned and built work space in Open Square, a mixed-use office, retail, and event complex located in a historic 19th-century mill along city's Upper Canal. VertitechIT, based in temporary quarters at Open Square since May 2013, will occupy an office environment created for it by architect/builder John Aubin. The new headquarters will provide 3,557 s/f of work and meeting space, configured to maximize secure, private areas for consultation plus an open, flexible floor area for operations. VertitechIT, a 13-year-old consultancy that specializes in managing IT infrastructure for the healthcare industry, large and small businesses, and private equity firms, decided to upgrade to a custom-built environment after experiencing significant growth during the past two years.
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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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Columns and Thought Leadership
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

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
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