News: Owners Developers & Managers

Burgess and Nohrden of Burgess Properties lease 70,000 s/f to PPH

Burgess Properties, one of Greater Boston's commercial brokerage firms has brokered a 10-year 70,000 s/f lease with Paradigm/Precision Holdings LLC in conjunction with CB/Richard Ellis at One Second St. Paradigm/Precision Holdings is a manufacturer of precision machined aerospace engine components. PPH purchased Malden, Mass. based Palmer manufacturing and this new lease represents an expansion of the Palmer Manufacturing operations. Palmer will keep its facility in Malden in addition to the new manufacturing plant in Centennial Park. Phillip Burgess and Stephen Nohrden of Burgess Properties represented PPH and David Corkery and David Connolly of CB/Richard Ellis represented the landlord, Framingham, Mass. based Atlantic Management.
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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,
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

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
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