News: Owners Developers & Managers

JLL's Ostop, McMahon, Schless and O'Neil complete two leases

Jones Lang LaSalle Inc. has completed two lease transactions for a combined 3,280 s/f of first class medical office space at The Rutherford of Blue Back Sq. The 128,000 s/f medical office building in Blue Back Sq. is part of the 600,000 s/f mixed-use development owned by Blue Back Square, LLC. Jacobs Sodipo and OBGYN Associates are both new tenants to the building leasing 1,900 and 1,380 s/f, respectively. Jones Lang LaSalle associates Christopher Ostop, senior vice president; Shawn McMahon, senior vice president; Gary Schless, vice president; and Sean O'Neil, assistant vice president represented the owner and tenants in both transactions. The Rutherford is a four-story, class A medical office building located at 65 Memorial Rd. with access to I-84.
MORE FROM Owners Developers & Managers

Heritage Properties celebrates preleasing of The Emery in Lowell

Lowell, MA According to Heritage Properties, The Emery – its newest multifamily community in downtown – is officially open for preleasing. Located at 218 Middlesex St., The Emery is at the corner of Middlesex and Pearl Sts. in the city’s JAM (Jackson/Appleton/Middlesex) urban renewal neighborhood zone.
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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
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,