Top Stories
Project of the Month: Onyx Partners’ Springfield Crossing transforms former Eastfield Mall into Western Mass.’ premier retail destination
Springfield, MA The redevelopment of the former Eastfield Mall into Springfield Crossing has transformed a long-vacant enclosed mall into a new 360,000 s/f regional power center, one of the largest retail redevelopments completed in Western Massachusetts in recent years.
National Multifamily brokers 164-unit four-building portfolio for $17.3m
Bridgeport, CT National Multifamily sold a 164-unit, four-building multifamily portfolio to a New York City investor for $17.3 million. The deal closed on June 2nd, 2026. Matt Cawley, Michael Hewes, and Olivia Friedberg
South Weymouth Naval Air Station redev. plans move forward with $65m land sale
Weymouth, MA The long-awaited redevelopment of the former South Weymouth Naval Air Station has taken a major step forward, with Washington Capital Management selling its land at the base to a joint venture of Brookfield Properties and New England Development.
Atlantic Capital Ptrs. sells 44,538 s/f Whole Foods Market - $22.5m
Nashua, NH Atlantic Capital Partners has brokered the sale of 272 Daniel Webster Hwy., a single-tenant asset occupied by Whole Foods Market. The 44,538 s/f property is situated on a 3.08-acre
Integrated Builders completes Home Depot distribution center
Westminster, MA Integrated Builders has completed construction of The Home Depot bulk distribution center, a large-scale industrial logistics facility designed to support high-volume distribution operations, efficient product movement, and long-term supply chain performance.
PROCON, Scalora Consulting Group and Flansburgh Architects break ground on St. John’s Prep project
Danvers, MA St. John’s Prep broke ground on the Memorial Student Commons, marking a major milestone in the school’s Vision 2032 strategic plan and launching a transformative renovation and expansion project that will reimagine one of the school’s most historic buildings.
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NEREJ’s 2026 Mid Year Review Spotlight is here!
NEREJ’s 2026 Mid Year Review Spotlight is here! This special section features perspectives from across commercial real estate as firms reflect on the first half of the year and discuss the trends, challenges, and opportunities shaping the months ahead.
Chozick Realty completes $42 million sale of 189-unit Avon Woods Apartments
Avon, CT Chozick Realty - CRXE Group have completed the $42 million sale of Avon Woods Apartments, a 189-unit apartment community. Located on 47 acres, Avon Woods is a desirable apartment complex in the greater Hartford region. Residents have a combination of privacy with grounds, woodlands, walking trails and frontage on the Farmington River as well as being well located at the junction of Rtes. 10 and 44 with access to all of the town and the surrounding communities throughout the Farmington Valley, West Hartford and Hartford.
Crescent Village Shopping Center trades to new owner for $1.75 million
Monroe, CT Crescent Village Shopping Center located at 115 Main St. has been sold to new owners. The multi-building retail center sold for $1.75 million or just under $142.00 per ft. The three buildings total 12,340 s/f on 1.54 acres
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Community leaders join StoneRidge Senior Living for groundbreaking
Mystic, CT StoneRidge Senior Living officials were joined by senator Heather Somers, representative Aundré Bumgardner, and Stonington first selectman Bill Middleton, along with other local and community leaders to officially break ground for 14 new assisted living and 54 new independent living apartments
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Washington Trust finances $28.8 million construction loan for 104-unit The Village at South County Commons
South Kingstown, RI The Washington Trust Company (Washington Trust) has financed a $28.8 million construction loan for new multifamily housing in Washington County.
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Colliers hires McGeary as senior vice president and Curtis as vice president
Boston, MA According to Colliers, Tim McGeary has joined as senior vice president and Brett Curtis as vice president, specializing in multifamily investment sales. Their addition expands Colliers’ multifamily capabilities across Greater Boston while further strengthening the connection
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At the time, I was working as a commercial property manager. I had just met a great woman who eventually became my wife. I had a salary, benefits, and an employer-matched 401(k) plan. While working my 9-to-5 job, I attended graduate school at Brandeis University from 6:00 to 9:00 p.m., Monday through Thursday.
As global wind energy capacity has expanded dramatically over the past two decades, a largely overlooked consequence is now demanding attention: the disposal of wind turbine blades that have reached the end of their operational lives.
For years, multifamily owners have competed by adding amenities. Fitness centers became larger. Clubrooms became more sophisticated. Developers invested heavily in co-working spaces, pet amenities, outdoor gathering areas, and wellness-focused features.
Connecticut needs more residential housing. The state has excess underutilized commercial property. As a result, the state has been encouraging conversion of commercial space, hotels and motels to multifamily housing.
A good manager can take a mediocre restaurant and make it a screaming success. Conversely, a poor management team can lead a successful restaurant into the doldrums of survivability.
Many schools in the United States are struggling to keep up with deteriorating infrastructure. According to the American Society of Civil Engineers, nearly 40% of schools across the U.S. are more than 55 years old and need new critical systems upgrades such as heating, ventilation and air conditioning (HVAC).
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