News: Owners Developers & Managers

Grubb & Ellis complete 4 leases totaling 74,725 s/f

Grubb & Ellis Co. (G&E) recently completed the following transactions: *Waltham River's Edge, LLC, leased 29,906 s/f of industrial space at 594 Pleasant St., in Watertown from American Venture 594 Corp. Thomas Aitken of G&E represented the lessor in the transaction. John Nealon of WJ Nealon Commercial Realty, Inc. represented the lessee. *Randstad Professionals US, LP, extended its lease of 23,437 s/f of class A office space at 10 Presidential Way in Woburn from American Tower Corporation. Jack Kerrigan and Steve Cook of G&E represented the lessor in the transaction. Ron Perry and Roger Breslin of Colliers Meredith & Grew represented the lessee. *MicroTek renewed its lease of 11,436 square feet of Class A office space at 25 Mall Road in Burlington from Equity Office Properties Trust. Steve Cook of G&E represented the lessee in the transaction. Ron Friedman of Richards Barry Joyce & Partners represented the lessor. *Kadant, Inc. extended its lease of 9,946 s/f of class A office space at One Technology Park Dr. in Westford from The Gutierrez Co. Kerrigan and Cook facilitated the transaction on behalf of both parties. About Grubb & Ellis Company Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,500 professionals in more than 100 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm's transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), mutual funds and other real estate investment funds. For more information, visit www.grubb-ellis.com
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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