News: Owners Developers & Managers

McKinnon of Grossman arranges 1,584 s/f lease at Munroe Place

With the recent lease of 1,584 s/f to Scottrade, Inc. the Retail Shops at The Residences at Munroe Place are 100% occupied. This is the first time the five retail units have been fully leased. Representing the landlord, Munroe Place LLC, in lease negotiations was Richard McKinnon, director of brokerage services for The Grossman Companies, Inc. Peter Montisanto of The Dartmouth Group represented Scottrade. Other retail tenants at The Residences at Munroe Place are Starbucks, Citi Financial, T Mobile and Market USA. The shops are on the street level of a 111-unit luxury apartment building adjacent to the MBTA's Quincy Center Red Line and Commuter Rail station. The Residences are in the city's historic downtown and within walking distance of over 600,000 s/f of office space. Scottrade offers a full line of investment products, online trading platforms and market research tools to help investors take control of their financial future. The Grossman Companies, Inc., offers a full range of brokerage services, with a focus on sales and leasing of commercial property throughout New England. Contact Richard McKinnon at 617-472-2000; richmck @grossmanco.com. Website: www.grossmanco.com. - By Stanley Hurwitz stanhurw@comcast.net Munroe_Scottrade_0810.doc smh 8/10
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Elm Grove Companies breaks ground on $20 million - The Rapids On Cocheco

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Columns and Thought Leadership
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
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.