HK Group's Fellah and Lynch assists Ray Gauri in $1.425 million sale

A 10,000 s/f retail center at 2115 - 2135 Boston Ave. has been sold for $1.425 million to Westrock Development, LLC from Yonkers, N.Y., a real estate investment company. Directly on U. S. Rte. 1, the property was fully leased to six tenants, including a restaurant. HK Group was exclusive agent for the seller, Raj Gauri, LLC, and was the only broker involved. Executive vice president Franco Fellah and sales associate Kate Lynch were both responsible for completing this sale. Attorneys were Dan Nagel of Cohen & Wolf, Bridgeport and Scott Gerard of Randel & Gerard.

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Windsor approves redevelopment of 500 Day Hill Rd. for mixed-use residential community

Windsor, CT The town has granted approvals for the redevelopment of 500 Day Hill Rd., clearing the way for a mixed-use residential community that will convert a former office campus into a housing development totaling approximately 300 residential units

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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

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

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,

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