News: Owners Developers & Managers

Alvarado and Parsons of Parsons Commercial Group, Inc. handle 6,198 s/f in leases at 40 Nagog Park

Marci Alvarado, vice president and Jake Parsons, vice president at Parsons Commercial Group, Inc. completed two lease transactions at 40 Nagog Park, which is owned by Key Alliance, LLC. Perillon Software leased 3,300 s/f of office space to accommodate their expansion. Perillon Software serves the enterprise sustainability management market according to their website. Brainloop, Inc. also leased office space at 40 Nagog Park taking over 2,898 s/f. Brainloop is a German based secure file sharing and syncing company. They were represented by John Caroll III and Kevin Brawley of Colliers International. "Marci and Jake definitely did a great job and we're fortunate to have found them to represent us in leasing this space," said Ajay Kapur of Key Alliance. Parsons provides commercial real estate services including, tenant/landlord representation, investment sales, property and asset management, development and construction management, advisory and distressed asset advisory services.
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Greystar celebrates opening of two new residence halls at Merrimack College

North Andover, MA Greystar and Merrimack College celebrated the opening of two new residence halls, Shawsheen and Essex. The two-building, modern student housing development is located at the intersection of Rte. 114 and Andover St. Designed
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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

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The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

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

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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