News: Owners Developers & Managers

JLL receives two TOBY awards presented by BOMA Boston

Jones Lang LaSalle won two mid-Atlantic The Office Building of the Year (TOBY) Awards in a ceremony held by the Building Owners and Managers Association (BOMA) last week. The top honors were awarded to Jones Lang LaSalle-managed properties in Cambridge: 250 Mass. Ave. in the Historical Building category, and 100/200 Technology Sq. in the Renovated Building category. Formerly a NECCO candy factory and now owned by Novartis, 250 Mass. Ave. is comprised of 472,000 s/f of office and lab space. Senior manager David Fuller, this year's winner of BOMA Boston Property Manager of the Year, has managed the property for four years. 100/200 Technology Sq., owned by ARE-Tech Sq. and managed by senior manager Kristina Descoteaux, recently completed its fourth renovation involving conversion from office to laboratory space. The property is comprised of 1.13 million s/f of office and lab space. "These two properties competed against an impressive roster of buildings both at the local and regional levels," said Dan Ozelius, senior vice president at JLL. BOMA recognizes excellence in property management through its TOBY program and has membership of over 100,000,000 s/f of commercial real estate space in Boston. Of the three mid-Atlantic TOBYs awarded this year, two went to JLL managed properties.
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Mount Vernon Co. acquires John Carver Inn & Spa in Plymouth, MA

Plymouth, MA The Mount Vernon Company (MVC), a Boston-based real estate and hospitality investment firm, has completed the acquisition of the John Carver Inn & Spa, an 80-room property.
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Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

For decades, New England has had a summer-peaking power system, where the greatest energy use occurs on the hottest and most humid days, due to widespread use of air conditioning. But by the mid-2030s, electrification of the heating sector likely will result in a winter peak that’s higher than the summer peak.
Selecting the right façade installation firm - by Steven Powell

Selecting the right façade installation firm - by Steven Powell

As the owner of a major new property being developed, or an existing large building preparing for major renovation, you want your design and construction team to have the right experience, capabilities, and expertise to match the project demands. A critical member of this team will be the façade installation specialty firm, since the quality of this installation will impact
IREM President’s Message: Fostering community connections during the holiday season

IREM President’s Message: Fostering community connections during the holiday season

The holidays are again taking center stage, and with them comes an opportunity for multifamily communities to connect with the businesses and organizations in their cities and towns, fostering a sense of unity and generosity during this giving season