News: Owners Developers & Managers

Hinds of Group Boston Real Estate brokers $1.35 million sale of 2,960 s/f condo

Charles Hinds of Group Boston Real Estate brokered the sale of 390 Commonwealth Ave. #D2B1 for $1.35 million. The 2,960 s/f commercial condominium is located at Windsor Place Condominiums, a 106 unit mixed-use, full service building in the city's Back Bay neighborhood. The new owner/user will construct a new dental office in the raw space specializing in cosmetic and restorative dentistry. The building is home to several dental and medical practices including a Mass. General Hospital clinic. The sale included 5 deeded parking spaces in the attached Somerset Garage. Hinds represented the seller, Chesterton Properties. The property was purchases by Irays Santamaria, DMD, LLC.
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WinnCompanies acquires 290-unit housing property - begins $41.5 million rehabilitation

Chicopee, MA WinnCompanies has acquired a 290-unit affordable housing property in western Massachusetts in a deal that renews the community’s expiring affordability protections and kicks off a $41.5 million rehabilitation to address significant deferred maintenance.
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The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
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

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
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