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Owners Developers & Managers
Posted: October 27, 2010
Hughes of New Dover Associates represents Nivek Investments in $2.425 million sale
Scott Hughes, president of New Dover Associates, Inc. represented the seller, Nivek Investments I, LLC, and procured the buyer, Yellow Brick, LLC, in the sale of 6 Mercer Rd., for the purchase price of $2.425 million. The site is a well located office/R&D/flex single story building in the Natick Business Park comprised of two commercial condominiums totaling 14,656 s/f which are fully leased. The two tenants at 6 Mercer Rd. are BJ's Wholesale Club and Vision-Sciences, Inc. The property is located near Rtes. 9, 27, 30, 135 and I-90 (Mass Pike) as well as many restaurants, hotels and retail stores.
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Rubin Rudman to establish headquarters at Tishman Speyer’s One Federal St.
Boston, MA Tishman Speyer has secured a new headquarters lease with Rubin Rudman at One Federal St., its 38-story, 1.1 million s/f tower in the Financial District. Under a 15-year lease, Rubin Rudman’s new headquarters will span 57,844 s/f across One Federal’s entire 23rd and 24th floors and a portion of the 25th floor.
Quick Hits
Columns and Thought Leadership
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
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
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
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