News: Owners Developers & Managers

Weber of Newmark Knight Frank represents Bolton Street Partners, LLC in 6 leases totaling 11,447 s/f

Ryan Weber and Christopher McMahon, senior managing directors at Newmark Knight Frank, represented Bolton Street Partners LLC, an affiliate of Triad Alpha Partners, in six recent transactions totaling 11,447 s/f at 85 Bolton St. The owner recently converted the former Wyeth Research Center to Walden Square Science Center, after noting the growing demand for turn-key laboratory space at affordable rates in the city. Venture capital firms have taken note of the trend of large pharmaceutical companies acquiring R&D instead of having their entire R&D in-house. "These startups need space quickly, and Walden Square Science Center has capitalized on the demand by delivering functional laboratory space in a timely manner," said Weber. The newest residents of Walden Square Science Center are Aura Biosciences; SiEnergy Systems, LLC; Novogy, Inc.; Polyjoule, Inc.; The Water Initiative, LLC and Eton Bioscience, Inc. After welcoming these new tenants, Walden Square Science Center is now at close to 70% occupancy and has approximately 10,000 square feet of available laboratory space. The remaining space can accommodate tenants from 1,000 SF up to 10,000 SF. Newmark Knight Frank is one of the largest independent real estate service firms in the world. Headquartered in New York, Newmark Knight Frank and London-based partner Knight Frank operate from over 220 offices in established and emerging property markets on six continents. With a combined staff of 7,300 and revenues last year exceeding $861 million, this major force in real estate is meeting the local and global needs of owners, tenants, investors and developers worldwide. For further information, visit www.newmarkkf.com.
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
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

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.
New Quonset pier supports small businesses and economic growth - by Steven J. King

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.
Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

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.
Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

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