News: Spotlight Content

Hennessey and Lombardi of GVA Williams broker 19,437 s/f lease

John Hennessey and Stephen Lombardi of GVA Williams represented Nokia, Inc., the mobile advertising firm, in its recent 19,437 s/f lease at 31 St. James Ave. in Boston's Back Bay. The five year lease will increase its presence in the building from the 9,581 s/f that Enpocket, which Nokia acquired in September of 2007, already occupies, to a total of 29,018 s/f. The landlord, Capital Properties, was represented by Tim Lyne and Peter Conlin of CB Richard Ellis. Nokia, Inc. chose the space at 31 St. James Ave., also known as the Park Square Building, as it provides close proximity to public transportation, the amenities of the Back Bay, and the ease and accessibility to its client base. The eleven story, 500,000 s/f Park Square Building was renovated and modernized in 1991, providing attractive and functional space for its tenants. Nokia will be moving into the space in November.
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NEREJ’s 2026 Mid Year Review Spotlight

NEREJ’s 2026 Mid Year Review Spotlight is underway. This special section will feature perspectives from across commercial real estate as firms reflect on the first half of the year and discuss the trends, challenges, and opportunities shaping the months ahead.
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Limited supply fuels landlord‑friendly conditions in Rhode Island’s industrial market - by Julie Freshman and George Paskalis

Limited supply fuels landlord‑friendly conditions in Rhode Island’s industrial market - by Julie Freshman and George Paskalis

As we enter the spring of 2026, the Rhode Island industrial real estate market stands on stable footing, following several years of resilience fueled by constrained supply, steady demand, and dynamic economic conditions.

How do we manage our businesses in a climate of uncertainty? - by David O'Sullivan

How do we manage our businesses in a climate of uncertainty? - by David O'Sullivan

These are uncertain times for the home building industry. We have the threat of tariffs mixed with high interest rates and lenders nervous about the market. Every professional, whether builder, broker, or architect, asks themselves, how do we manage our business in today’s climate? We all strive not just to succeed, but
As legacy names recalibrate, new entrants are moving in with fresh capital, new technologies, and business models tailored to today’s supply-chain needs - by Michael Harrington

As legacy names recalibrate, new entrants are moving in with fresh capital, new technologies, and business models tailored to today’s supply-chain needs - by Michael Harrington

Southern New Hampshire’s industrial market has always punched above its weight. For decades, the region has attracted a mix of advanced manufacturing, beverage and food producers, logistics operators, and specialty
Shallow-bay wins on 495/128:  A renewal-driven market with a thin pipeline - by Nate Nickerson

Shallow-bay wins on 495/128: A renewal-driven market with a thin pipeline - by Nate Nickerson

The Boston industrial market entered mid-2025 in a bifurcated state. Large-block vacancy remains elevated, while shallow-bay along the 495/128 corridor continues to prove resilient. Fieldstone’s focus on this geography positions us squarely in the middle of a renewal-driven, supply-constrained