News:
Spotlight Content
Posted: October 10, 2007
Burgess Properties and Prudential Prime Properties handle $1.087m sale
Burgess Properties Inc. has brokered the sale of 2 Draper St. for $1.087 million in conjunction with Prudential Prime Properties of Medford.
Situated on 27,060 s/f of land, 2 Draper St. is a single-story, 14,144 s/f multi-bay facility located off Montvale Ave. Five out of the six bays in the building are currently leased to local contractors. Stephen Nohrden of Burgess Properties represented the buyer, Matthew Piccione and Scott David Cutler of Prudential Prime Properties, represented the seller, Draper St. LLC.
Matthew Piccione is a Winchester-based investor and developer and plans to use the available bay for his own business.
Tags:
Spotlight Content
MORE FROM Spotlight Content
NEREJ’s 2026 Mid Year Review Spotlight
NEREJ’s 2026 Mid Year Review Spotlight is underway. This special section will feature perspectives from across commercial real estate as firms reflect on the first half of the year and discuss the trends, challenges, and opportunities shaping the months ahead.
 (1).gif)
Quick Hits
Columns and Thought Leadership
How do we manage our businesses in a climate of uncertainty? - by David O'Sullivan
These are uncertain times for the home building industry. We have the threat of tariffs mixed with high interest rates and lenders nervous about the market. Every professional, whether builder, broker, or architect, asks themselves, how do we manage our business in today’s climate? We all strive not just to succeed, but
Shallow-bay wins on 495/128: A renewal-driven market with a thin pipeline - by Nate Nickerson
The Boston industrial market entered mid-2025 in a bifurcated state. Large-block vacancy remains elevated, while shallow-bay along the 495/128 corridor continues to prove resilient. Fieldstone’s focus on this geography positions us squarely in the middle of a renewal-driven, supply-constrained
Limited supply fuels landlord‑friendly conditions in Rhode Island’s industrial market - by Julie Freshman and George Paskalis
As we enter the spring of 2026, the Rhode Island industrial real estate market stands on stable footing, following several years of resilience fueled by constrained supply, steady demand, and dynamic economic conditions.
As legacy names recalibrate, new entrants are moving in with fresh capital, new technologies, and business models tailored to today’s supply-chain needs - by Michael Harrington
Southern New Hampshire’s industrial market has always punched above its weight. For decades, the region has attracted a mix of advanced manufacturing, beverage and food producers, logistics operators, and specialty
