News: Owners Developers & Managers

Gatti and O'Brien of Greater Boston Commercial Properties broker seven leases totaling 19,194 s/f

Benjamin Gatti and Bret O'Brien of Greater Boston Commercial Properties (GBCP) brokered seven office leases totaling 19,194 s/f along I-495. Despite high vacancy rates in the area GBCP continues to procure new tenants and provide a competitive edge to office landlords looking to rent space in a tenant's market. Disruptor Beam, computer game programmer that has produced Game of Thrones among other PC games, has expanded into 4,014 s/f on the second floor of 161 Worcester Rd. on Rte. 9. This is a first class office building located immediately off of the Mass Pike. The landlord CRP-3 The Meadows, LLC was represented by CB Richard Ellis New England. In a second office transaction by Gatti and O'Brien, architectural firm Dario Design, Inc. leased 5,398 s/f of space on the second floor at 318 Main St. in Northborough from Capital Group Properties. Dario Design will benefit from a pristine, high image retail plaza located right on Rte. 20 with Tavern on the Square and other amenities in the park. GBCP also handled a 1,750 s/f office lease at 176 East Main St. in Westborough to Sports Fields Holdings, LLC, a 1,639 s/f office lease to Citara Systems at 239 South St. in Hopkinton, an 1,835 s/f office lease to HelixBind at 181 Cedar Hill St. in Marlborough, a 1,230 s/f office lease renewal to Workbeast, LLC at 65 Boston Post Rd. West in Marlborough and a 3,328 s/f office lease renewal to RMS at 87 Elm St. in Hopkinton.
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
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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.
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.
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
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.