News: Owners Developers & Managers

Cushman & Wakefield/Hayes & Sherry complete 85,000 s/f lease

Tunstall, one of the world's leading tele-care and tele-health solutions providers, has inked a ten-year lease at 100 Freight St. With operations in more than 30 countries and employing more than 1,900 people worldwide, the 85,000 s/f facility, with some minor modifications, made perfect sense from an infrastructure, location, and a growth perspective. As a former call center to PNC Bank/Bank of New York, the facility has redundant power, backup generator, three types of tele-data and multiple internal and external cameras which amount to significant savings for Tunstall. Other building and site features include a high parking ratio, a well constructed and maintained facility which virtually provided Tunstall with minor modifications and a move-in condition facility. Opening in the spring, Tunstall will create over 300 new jobs by the end of 2014, engage local businesses and provide paid job training for 100% of candidates pre-selected for data call center positions. The State of Rhode Island is playing a crucial role in offering job development and training programs, which was the "tipping point" in deciding on Rhode Island versus alternative states. Hayes & Sherry, a Cushman & Wakefield alliance member brokered the lease with Peter Hayes representing Tunstall and Jeff Finan representing the landlord, Kenwood Realty, LLC. Photograph by Aaron Usher
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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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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
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

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