News: Owners Developers & Managers

BPG Properties executes two leases totaling 35,504 s/f; Reardon of CBRE and Adams and Pergola of C&W assist

BPG Properties, Ltd. (BPG) has executed a 16,758 s/f lease with Mitralign, Inc. and an 18,746 s/f renewal and expansion with AARP Financial Inc. at Highwood Office Park. Mitralign will be moving into Three Highwood, a two-story 104,445 s/f office building, while AARP Financial will expand its offices at Two Highwood, a two-story, 82,193 s/f office building. "We are pleased that both Mitralign and AARP Financial chose to remain and expand at Highwood Office Park," said Michael Rota, asset manager in BPG's Boston Regional Office. Mark Reardon of CB Richard Ellis represented Mitralign, Inc. in the lease negotiations. Matt Adams and Dave Pergola of Cushman & Wakefield provided assistance with both transactions. Highwood Office Park is located at I-495 and Rte. 133 and is close to I-93 and Rte. 3.
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Columns and Thought Leadership
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains