News: Owners Developers & Managers

Allaire of Century 21 Commonwealth brokers $165,000 sale of 4,000 s/f building to Joshua Realty, LLC

According to Century 21 Commonwealth, Jeff Allaire has brokered the $165,000 sale of 1 Lloyd St. to long time client Joshua Realty, LLC. The site features a 4,000 s/f concrete block building with a ribbed block façade set on 10,000 s/f of land. The property directly abuts the RK Plaza, a 78,000 s/f Super Stop & Shop anchored center. The rear portion of the building has already been leased to Diamond Door, a state wide garage door sales and installation firm. Jeff Fontaine of Fontaine Real Estate represented the seller, Armand Froment.
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Columns and Thought Leadership
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,
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
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