News: Owners Developers & Managers

Tosti, Walles, McGuire and Powers of CBRE/NE broker 9,183 s/f lease

CB Richard Ellis/New England, a joint venture partner with CB Richard Ellis, has brokered a new 9,183 s/f lease on behalf of Capital Group Properties & Secured Realty with new tenant Kenney & Sams, P.C. at 134 Turnpike Rd. The CBRE team of Chris Tosti, executive vice president/partner, Rob Walles, senior vice president/partner, Robert McGuire, senior vice president/partner, and Alison Powers, associate, represented Capital Group Properties & Secured Realty. Representing Kenney & Sams, P.C., a litigation boutique law firm with offices in Boston and Metrowest, were Matthew Giffune, assistant vice president, and Rick Schuhwerk, vice president, at Jones Lange LaSalle. "We are pleased to have helped facilitate this transaction," said McGuire. "A new lease of this size is not only a testament to the quality of the asset and the ownership, but also to the strength of the Metrowest market." 134 Turnpike Rd. is a 50,000 s/f class A office building located on Rte. 9 adjacent to the Sudbury Reservoir and clost to I-90 and I-495. Southborough Place is a three-building office park with over 250,000 s/f. Southborough Place is owned and managed by Capital Properties Group & Secured Realty. 134 Turnpike Rd. is exclusively leased by CB Richard Ellis.
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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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Columns and Thought Leadership
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
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.
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.