News: Owners Developers & Managers

Elcock, Lynch, and O'Brien of Colliers International executes 2,638 s/f lease

American Bioanalytical, Inc. recently executed a new 2,638 s/f lease at 11 Huron Dr. located in the East Natick Industrial Park. The lease represents an expansion of office space for the firm, which is headquartered across the street in 10,000 s/f at 15 Erie Dr. Jim Elcock, Bill Lynch, and Tim O'Brien of Colliers International represented both American Bioanalytical and the landlord, Legacy Real Estate Ventures, in the transaction, which leased half of the vacancy at the site. Additional details of the lease transaction were not disclosed. Built in 1986, 11 Huron Dr. is a two-story, 30,000 s/f office/R&D building featuring abundant natural light, professionally landscaped grounds and an outdoor patio. The property is located close to Rte. 9, Rte. 30 and I-90. Recently purchased by Legacy Real Estate Ventures, 11 Huron Dr. has undergone substantial renovations including resurfacing the exterior skin of the building, installation of a new roof, a new cooling tower and extensive cosmetic improvements such as signage and furnishings. There is approximately 2,300 s/f remaining on the second floor to lease, featuring an expansive window line and a high level of finishes.
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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
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
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,
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