News: Owners Developers & Managers

Deutsche Asset & Wealth Mgmt. sells 4 & 8 Technology Dr. to Ferris Development for $24.5m - Pergola, Doherty, Carey and Skaar of DTZ rep seller

DTZ completed the sale of 4 & 8 Technology Dr., on behalf of Deutsche Asset & Wealth Management. Ferris Development Co. purchased the two building campus for $24.5 million. The property is located adjacent to Rte. 9 less than two miles from the Mass. Pike in the Westborough Technology Park and consists of two class A office/R&D buildings totaling 222,000 s/f. DTZ Boston's executive managing director Dave Pergola, senior managing director Brian Doherty, associate Colleen Carey and financial analyst Jenna Skaar represented the seller and procured the buyer.
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Healey-Driscoll Administration seeks developer to transform former 72-acre school into 288+ home neighborhood

Lancaster, MA According to the Healey-Driscoll Administration, the Division of Capital Asset Management and Maintenance (DCAMM) has released a Request for Proposals seeking a developer to transform the 72-acre former Lancaster Industrial School for Girls property into a new, walkable neighborhood with at least 288 homes.
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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
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
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