News: Owners Developers & Managers

Burgess of Burgess Properties, Inc. reps. Geriatric Medical in $2.7m sale

Burgess Properties, Inc. and CB/Richard Ellis have brokered the sale of the former Romar Industries building at 28 Torrice Dr. for $2.7 million. Phillip Burgess of Burgess Properties, Inc. represented the buyer, an affiliate of Everettbased Geriatric Medical & Surgical Supply, while Mark Reardon and Jake Borden of CB/Richard Ellis represented the seller, RNM Associates Woburn LP Geriatric Medical will be relocating its entire operation from Everett to Woburn later this summer. The move represents a significant expansion for the company and places it in an ideal location for distribution to its many customers while allowing for continued growth.
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BGO and Seyon complete acquisition of a 134,413 s/f industrial portfolio

Marlborough, MA BGO, a leading global real estate investment manager, and Seyon, a Boston-based, vertically integrated investor, owner and operator of industrial real estate, have completed the acquisition of a two-building, 134,413 s/f industrial portfolio.
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Columns and Thought Leadership
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

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
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