News: Owners Developers & Managers

CB Richard Ellis holds topping off ceremony at 10 Corporate Drive

CB Richard Ellis held a topping-off ceremony for 10 Corporate Dr., a three-story, 107,000 s/f office building owned by Multi-Employer Property Trust (MEPT). The class A building, which is slated for completion in mid 2009, will seek LEED-Silver certification and offers average floor plates of 35,000 s/f and build-to-suit tenant opportunities. CB Richard Ellis will serve as the property's exclusive leasing agent and property manager. "We're happy to celebrate this significant milestone," said Kerry Olson, vice president at CB Richard Ellis. "10 Corporate Dr. is one of the region's first speculative LEED-certified buildings and we're pleased to help meet the important need for energy efficiency." 10 Corporate Dr. features LEED-registered construction to reduce operating costs, maximize energy efficiency and improve access to natural light, ultimately creating a healthier, more productive working environment. The building also offers expansion potential in an adjacent site fully permitted for the construction of an additional 120,000 s/f office facility. 10 Corporate Dr. sits in the Burlington Centre Office Park, a 78-acre, 600,000 s/f class A campus at the junction of Rtes. 128 and 3A. Also owned by MEPT, the park offers on-site food services, fitness, parking and 24-hour security.
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Heritage Properties celebrates preleasing of The Emery in Lowell

Lowell, MA According to Heritage Properties, The Emery – its newest multifamily community in downtown – is officially open for preleasing. Located at 218 Middlesex St., The Emery is at the corner of Middlesex and Pearl Sts. in the city’s JAM (Jackson/Appleton/Middlesex) urban renewal neighborhood zone.
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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,
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
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