News: Owners Developers & Managers

Barry, Francis, and Wall of CB Richards Ellis broker 339,764 s/f sale

CB Richard Ellis has completed an industrial sale of 400, 420, 430 Pine St. and 1.76 acres of partially paved vacant land. The sale price was $2.2 million and consisted of 339,764 s/f. Tom Barry, Charles Francis and Mike Wall of CB Richard Ellis brokered the transaction. Sheldon Rodman of Rodman Real Estate co-brokered the sale. Alan Shine, receiver of Paramount Cards, Inc. sold the properties to Urban Smart Growth, LLC. 400 Pine St. is a 3 story office, warehouse/manufacturing space, 420 Pine St. consists of 4 stories with office, w/m space and 430 Pine St. is a single story warehouse/garage space.
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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

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

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

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