News: Owners Developers & Managers

Fleisher and Lefebvre of Shanley Realtors broker $3 million building and land sale

Kline's Furniture Company has been in business for 71 years, 51 of those in their current location at 51 Islington St. That will soon change as Andy Fleisher of Shanley Realtors brokered a real estate transaction to transfer ownership of the land and building. Fleisher, representing the current owners, Lenny and Roberta Baer, plus sons Billy and Randy, worked with Barbara Theodore of Olde Port Properties and new owner Steve Kelm. Fleisher notes that with the combination of a 30,000 s/f lot and the current 2.5-story, building, the new owners have a wealth of options. "Given its close proximity to downtown Portsmouth, all commercial enterprises coupled with residential housing are a realistic option," said Fleisher. The selling price, including land and building was $3 million Dave Lefebvre, commercial division manager, worked with Fleisher and the Baers throughout the transaction. 
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btone FITNESS opens at RJ Kelly’s 40 Warren St. in Charlestown, MA

Charlestown, MA According to RJ Kelly (RJK), btone FITNESS Charlestown has officially opened at 40 Warren St. The new 1,500 s/f studio is the growing brand’s latest franchise to open and joins several other greater Boston locations including those in Back Bay,
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Columns and Thought Leadership
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
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,