News: Owners Developers & Managers

Wright-Ryan's construction of USM library earns USGBC LEED Silver

The new $7.9 million, 20,000 s/f Osher Map Library at the University of Southern Maine Portland campus received LEED Silver designation from the U.S. Green Building Council. Many of the "points" that determine the level of LEED designation were acquired through special efforts by the construction managers, Wright-Ryan Construction of Portland. The building, which houses 20,000 maps and over 1,500 rare books and atlases, was built with green in mind but Wright-Ryan needed to pay special attention to the operating systems to be sure that they would be sufficient for the temperature and humidity requirements of the rare documents. During the construction of the LEED building, Wright-Ryan was able to divert 80% of all waste from landfills and utilize local subcontractors and suppliers. The building also features many regional or sustainable materials in order to reduce its carbon footprint. The exterior skin of the building is an interesting glass product with an artistic world mural gracing the surface. The building itself has been transformed into an artistic canvas. The LEED program, created by the U.S. Green Building Council, is committed to establishing a common standard of measurement in the building industry based upon scientific standards. LEED emphasizes state of the art strategies for sustainable site development, water and energy efficiency, materials selection and indoor environmental quality. Founded in 1984, Wright-Ryan is one of Maine's leading construction firms, with expertise in commercial, institutional and residential construction as well as high-end millwork and furniture. The firm employs more than seventy highly skilled professionals and tradesmen. Wright-Ryan has successfully completed some of the most architecturally distinctive and challenging buildings in Maine. For more information, contact Allison Stoddard.
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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
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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