Condo Media - November 2016 - 36

VENDOR SPOTLIGHT

BRIGS, LLC

A Brand-New Property Management Firm
-with Over Six Decades of Experience
[by Pamela Schweppe]

If it's true that the whole is greater than the
sum of its parts, then the clients of Barrington
Management Company and Greater Boston
Properties, Inc., are about to be delighted. The
two property management firms have announced that
they will be joining forces, beginning in January 2017,
in a brand-new company: BRIGS, LLC.
Each of the owners of the original firms-Nicholas
B. Boit, CMCA, AMS, of Barrington Management and
Scott D. Wolf, CMCA, AMS, PCAM of Greater Boston
Properties-brings a thriving business with a solid
reputation to the partnership. Based in Arlington,
Mass., Barrington was founded in 1994 and serves
more than 75 properties, mostly in eastern Massachusetts. Greater Boston Properties traces its founding
to 1977 and oversees a similarly sized portfolio over
a more wide-ranging New England territory from its
offices in Boston, Mass.
Boit and Wolf have enjoyed a professional camaraderie
for decades. But it wasn't until 2015 that they began contemplating the idea of combining the two companies into
one. "We realized we had very similar values and business
styles," says Boit. "As a result, we began talking about the
possibility of merging, to grasp a variety of economies of
scale and position us to better serve our clients."
From that idea, BRIGS was born.
A MERGER, NOT A TAKEOVER
Both managing partners stress that the new firm is a true
partnership, not a takeover of one by the other. Each
original office will be maintained, and together, they will
manage approximately 150 properties in Massachusetts,
New Hampshire, and Rhode Island, totaling roughly
8,500 units. The firm is also licensed to operate in Maine.
Property management is a competitive field, and
Boit and Wolf expect that joining forces as BRIGS
will help their organizations thrive in New England's
evolving marketplace-one that large national firms
are beginning to infiltrate. "We're seeing a lot of
national companies buy up local companies," says
Elaine Alexis, director of property management for
Barrington. "I think our industry needs to be a personal industry, because managing a person's property

36

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or their home is a large responsibility. With a national
company, clients may wonder if they're going to be
calling Texas looking for their property manager or
having to go through a large voicemail chain. They
want to make sure that their management company is
there when they need them."
Boit concurs, adding, "BRIGS will be a regional competitor that can stand up to some of the larger players
in the industry-and still offer this area the local service
they've come to appreciate. New Englanders like local.
That's what we're going to be offering our clients: economies of scale without losing that local, regional feel."
IT'S ALL IN THE NAME
Like-minded values and a passion for their business
and industry drew Boit and Wolf together in the first
place, and they were quickly able to identify their new
company mission as one of providing exceptional
service and quality through partnerships with their
employees, clients, and business partners, focusing on
the success of all.
The hard part was coming up with a name. Changing
the name of two established firms is "risky," as Boit puts
it, but, "Creating a new entity will breathe new life and
energy into both companies. It's a rebirth," he says.
It was a staff member who suggested that the new
name be the acronym of the core values Boit and Wolf
had identified as the guidelines for the actions and behavior of the new firm: Balance, Respect, Innovation,
Growth, and Sustainability. "All five of the core values
center around work and personal lives, and creating
an environment that's good for the individual as well
as the company," says Wolf. "We want our staff and our
clients to enjoy a balance of work and personal life."
"Our people embraced it," Boit adds. "We don't lose
any branding: we're creating a new brand. I'm very
excited to be on to a new adventure."
WHAT'S IN IT FOR CLIENTS?
A lot, it turns out. "Basic management is still basic
management. Managers still have to manage. But all
the work that gets done behind the scenes will now be
streamlined," says Boit. "Our goal is for our clients to see


http://www.brigsllc.com

Condo Media - November 2016

Table of Contents for the Digital Edition of Condo Media - November 2016

Table of Contents
Condo Media - November 2016 - Cover1
Condo Media - November 2016 - Cover2
Condo Media - November 2016 - Table of Contents
Condo Media - November 2016 - 2
Condo Media - November 2016 - 3
Condo Media - November 2016 - 4
Condo Media - November 2016 - 5
Condo Media - November 2016 - 6
Condo Media - November 2016 - 7
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Condo Media - November 2016 - 18
Condo Media - November 2016 - 19
Condo Media - November 2016 - 20
Condo Media - November 2016 - 21
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Condo Media - November 2016 - 23
Condo Media - November 2016 - 24
Condo Media - November 2016 - 25
Condo Media - November 2016 - 26
Condo Media - November 2016 - 27
Condo Media - November 2016 - 28
Condo Media - November 2016 - 29
Condo Media - November 2016 - 30
Condo Media - November 2016 - 31
Condo Media - November 2016 - 32
Condo Media - November 2016 - 33
Condo Media - November 2016 - 34
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Condo Media - November 2016 - 36
Condo Media - November 2016 - 37
Condo Media - November 2016 - 38
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Condo Media - November 2016 - 40
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Condo Media - November 2016 - 42
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Condo Media - November 2016 - Cover3
Condo Media - November 2016 - Cover4
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