News: Owners Developers & Managers

Gatti of Greater Boston Commercial Properties, Inc. completes five new leases totaling 29,550 s/f in Hudson

Despite a stagnant Metro West industrial market, Greater Boston Commercial Properties, Inc. (GBCP) recently completed five lease transactions totaling 29,550 s/f of industrial space at the Kane Industrial Park. Four of these leases consisted of freestanding buildings, three of which offered the unique feature of offering both tailboard loading and an overhead drive in door. Benjamin Gatti represented the landlord in all five transactions and procured the tenant directly in four of the five. The first transaction at 14 Kane Industrial Dr. consisted of a 5,800 s/f building leased to Play It Now, an online computer game apparel and toy distributer. The second at 12 Kane Industrial Park, a 6,750 s/f freestanding building, was leased to Dogs' Learning Center, LLC, which is a dog trainer's cooperative providing canine owner with training and education. GBCP also leased a brand new freestanding 8,800 s/f building at 11 Kane Industrial Dr. The tenant, City Electric, a national distributor, will benefit from a customized build out, tailboard loading, heavy power and a first class image. Gatti subsequently leased 2,200 s/f at 5 Kane Industrial Dr. to Veracity Construction Group, a fiber optics service provider in need of a small drive-in bay with offices. The most recent transaction in June is at 1 Kane Industrial Dr., a free standing 6,000 s/f industrial building, where an audio-visual company from Marlborough, D2 Productions, will relocate its operations. The building is ideal for D2 in "as is" condition with built out office space, high bay warehouse, exclusive tailboard loading and drive-in, and signage and visibility on Main St.
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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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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
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,