News: Owners Developers & Managers

Brooks Properties signs a 33,000 s/f lease with Pegasystems Inc. in Salem, NH

1 Northeastern Boulevard - Salem, NH

Salem, NH Brooks Properties signed a lease with Pegasystems Inc. (Pega), the software company empowering digital transformation at some of the world’s leading enterprises, to occupy 33,000 s/f at 1 Northeastern Blvd. 

With its North American global headquarters based in Cambridge, Mass., this will be the newest addition to the company’s 38 office locations worldwide.

The new location will replace Pega’s existing New Hampshire office in Bedford and is expected to bring new job opportunities to the southern New Hampshire region.

Brooks Properties is one of the largest commercial, industrial, and development real estate service providers in the Merrimack Valley.  The company completed a new four-story medical office building in the area last year with another three-story medical office building currently under construction.  They completed 60 deals with over 400,000 s/f of real estate transactions last year.

“We are thrilled to see more businesses moving into southern New Hampshire to take advantage of all the great amenities the area has to offer,” said Joe Friedman, president of Brooks Properties.

Brooks Properties is consistently working to attract established businesses to the I-93 corridor to drive job growth throughout southern New Hampshire.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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