News: Owners Developers & Managers

Cornerstone Square, a 238,000 s/f development, is at 80% occupancy

Cornerstone Sq., the area's soon to be completed retail/office location, is being embraced by retailers and medical office tenants-with the occupancy rate for the development climbing to over 80% - a full six months before the mixed-use development opens. "The leasing interest has been incredible ever since the project was first announced," said Dusty Burke, president and CEO of American Commercial Real Estate and leasing broker for Cornerstone Sq. "Our tenants recognize the value of being a part of well-located, stylishly designed retail and medical office center, and want to be part of the excitement this development is creating." Cornerstone Sq. is a 238,000 s/f mixed use development comprised of 191,000 s/f of retail and 47,000 s/f of medical office space scheduled to open in October. The 13-building development creates a "modern village" concept to support the diverse employment and consumer needs of the local community. It was designed by Joseph D. LaGrasse & Associates, Inc. Located at Interchange 32 on I-495, Cornerstone Sq. has 100,000 vehicles passing by per day on its abutting roadways of I-495, Boston Rd. and Littleton Rd. (Rte. 110). Cornerstone Sq. is located within one mile of three neighboring major hotels, a technical high school, a ski area, and two large child learning centers. The project broke ground in the late fall of 2011 and construction is well under way. To date, over 80% of the space in Cornerstone Square has been committed, including: * Market Basket, grocery anchor * National designer and brand name clothing and accessories retailer * Home furnishings and décor * National pet care and supplies * Fortune 500 wireless communications retail store * Fortune 50 retail bank branch * High-end kitchen appliance and design retailer * Family Eye Care * An elite athletic personal fitness center * Animal hospital * Dalla Nails * Great Clips * Westford Florist * Ladybird Lingerie * Elements Massage * Premiere Cleaners Restaurants: * Burtons Grill * Panera Bread * Five Guys Burgers and Fries * Tutti Frutti frozen yogurt store * Contemporary Italian restaurant.
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Zanzibar Capital opens Vesta, 32-unit condominium complex

South Boston, MA Zanzibar Capital’s latest project, Vesta, a 32-unit residential condominium community at 236-256 Dorchester St. is complete, with more than 60% of the units pre-sold. Z
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Columns and Thought Leadership
The value of comfort: The workplace will never be as convenient as home, but it can be as comfortable - by Steve Hibbard

The value of comfort: The workplace will never be as convenient as home, but it can be as comfortable - by Steve Hibbard

In real estate construction and development, there are numerous balances struck between comfort and affordability. We all want the class A office space with artisanal trimmed offices, brilliant lighting, silent air systems, and the hilltop belvedere view from the executive suite. Everyone wants that coveted corner office.
Capitalizing on next-gen electric vehicle  charging in New York/New England real estate - by Hooman Shahidi

Capitalizing on next-gen electric vehicle charging in New York/New England real estate - by Hooman Shahidi

For property owners and developers, tenant experience is everything. This means top-notch building amenities and technology integrations that match their lifestyle. As the electric vehicle (EV) industry grows, EV charging is at the top of their list of amenities.
Brownfield redevelopment: Sometimes it’s not just about economic development - by George Naslas

Brownfield redevelopment: Sometimes it’s not just about economic development - by George Naslas

The redevelopment of brownfield sites is often associated with the revitalization of a property to bring it back into productive use, generate local tax revenue, and increase local employment. Redevelopment can also be part of a green or open space development, such as a riverwalk, park, or rail trail.
You can’t manage  what you don’t measure - by Jay O'Connor

You can’t manage what you don’t measure - by Jay O'Connor

Reasons to submeter electrical and HVAC Loads At standalone and multi-unit properties. As a property owner or manager, we all should understand the importance of managing costs, promoting conservation efforts, and maintaining compliance with regulations. Submetering is a powerful tool that can help you achieve these goals and more.