News: Owners Developers & Managers

Cregan and Crecelius of Paramount Properties arrange 6,600 s/f lease

Daniel Cregan and Cris Crecelius of Paramount Properties Group, Inc. have leased 6,600 s/f of office space at 100 Boyd Ave. to Cruise Brothers Holidays. Cruise Brothers will relocate from Cranston into 100 Boyd Ave. which is well located and easily accessible from Rte. 114 and Rte. 6. Cregan and Crecelius represented the landlord Jack Anderson and facilitated the transaction for Cruise Brothers Holidays. 100 Boyd Ave. is a 22,000 s/f single level 5 unit flex building containing office space and flex space. Paramount Properties is the exclusive listing agent for owner Jack Anderson. Cregan and Crecelius have also sub-leased 1,925 s/f of office space at 40 Amaral St. to The Wellness Company. Cregan and Crecelius sub leased the space for the lessee, Sonitrol Alarm Company, who relocated to a larger space in Warwick. The Amaral St. single story office building is known as 40-68 Amaral St. and is 40,000 s/f with 15 separate office units. The property is located off Rte. 114.
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Barnat Development begins work on Phase II of Holmes Beverly - construction led by NEI General Contracting

Beverly, MA Barnat Development has begun construction on Holmes Beverly Phase II, adding 52 apartment homes adjacent to the existing development near the Beverly Depot MBTA commuter rail station. The project is financed through the newly launched Holmes Opportunity Zone Fund, focused on investing in new multifamily construction projects across New England. $10 million of Holmes OZ Fund equity is paired with $21 million in long-term
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Columns and Thought Leadership
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

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