News: Owners Developers & Managers

R.J. Finlay completes conversion of 110,000 s/f One Liberty Lane

The Greater Portsmouth Chamber of Commerce and five other Seacoast area chambers used a joint open house recently to unveil to the public the newly renovated One Liberty Lane, a regional business landmark recently transformed into 110,000 s/f of executive office and event space. The event drew nearly 400 members from the chamber business communities in Portsmouth, Hampton, Exeter and Dover. It also drew universal praise for the work Milford real estate investment firm R.J. Finlay & Co. performed converting the former corporate headquarters of Thermo Fisher Scientific into what is now undoubtedly one of the region's premier office, conference and event centers. The event, catered by the Galley Hatch with beverages donated by Smuttynose Brewing Co. and door prizes from a dozen regional businesses, marked the first time since R.J. Finlay & Co.'s acquisition of One Liberty Lane in the spring of 2009 that the building has been unveiled to the public. In the time since that purchase, R.J. Finlay & Co. transformed the facility into more than 80,000 s/f of commercial space, with 50 executive office suites, eight large commercial areas, and 18,000 s/f of conference and event space. One Liberty Lane was designed by the Boston architecture firm of Royal Barry Wills Associates. Built in 1975 the 26-acre private campus, it was first the corporate headquarters for Wheelabrator Technologies, before serving as the home of Fisher Scientific Corporation. When Fisher Scientific and Thermo Electron merged in late 2006, the stately brick building — which also housed a climate-controlled wine cellar, greenhouse and helipad — was no longer needed as a corporate headquarters. R.J. Finlay & Co. has purchased the building looking to harness its extraordinary architecture and well-located setting at the intersection of I-95 and NH Rte. 101 as a magnet both for regional business and special events, from corporate conferences and trade shows to weddings and celebrations.
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Elm Grove Companies breaks ground on $20 million - The Rapids On Cocheco

Rochester, NH Real estate development firm, Elm Grove Companies, has started construction of The Rapids On Cocheco, an approved 52-unit workforce housing community at 29 Wadleigh Rd. This will be the company’s ninth venture in the affordable housing arena with other affordable properties in the state totaling 430 apartments
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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.