News: Owners Developers & Managers

S. Hughes and J. Hughes of New Dover handle 26,400 s/f $1.575m sale

Scott Hughes, president and John Hughes, associate of New Dover Associates and Wayne Spiegel, formerly of NAI Hunneman, co-brokered the investment sale of 26,400 s/f of fully leased industrial condo units known as 21-27 Gainsborough Industrial Park Condominium, 104 Otis St. for $1.575 million. The condominium units are leased to J&L Windows, Inc. dba Renewal By Andersen and Professional Technologies International, Inc. New Dover represented the buyer, Vector Northborough Commercial and Apogee Realty of Northborough, LLC, while NAI Hunneman represented the seller, Pamjam Realty in the sale transaction.
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Columns and Thought Leadership
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
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
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,
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