News: Owners Developers & Managers

Allaire of Century 21 Commonwealth represents Perwal St. Realty Trust in $1.4 million, 42,000 s/f sale

Jeff Allaire of Century 21 Commonwealth Commercial has sold 35 Perwal St. for $1.4 million. Allaire represented the seller Perwal Street Realty Trust and procured the buyer Marden Perwal, LLC. The building is a 42,000 s/f industrial building situated on 3.13 acres off I-95. The building is a food distribution and processing facility occupied by two tenants, Captain Marden's Seafoods, an affiliate of the buyer, and Oxford Trading Company, Inc. an affiliate of the seller. Allaire simultaneously brokered the sale of a controlling interest in Oxford Trading Company, Inc., one of the world's oldest distributors of Certified Angus Beef, for an undisclosed sum.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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